![](https://m.stacker.news/139555)

Still back and watch.

Ohhh things are going to get hella interesting with this move.... I cannot wait to see what cascade this kicks off

Cje95

The UAE made the announcement via its state-run WAM news agency.

“This decision reflects the UAE’s long-term strategic and economic vision and evolving energy profile, including accelerated investment in domestic energy production, and reinforces its commitment to a responsible, reliable, and forward-looking role in global energy markets,” the UAE said.

It also comes as the UAE has increasingly come into conflict with Saudi Arabia, particularly over economic issues and the war in Yemen against the Iran-backed Houthi rebels.

news

https://www.cnbc.com/2026/04/28/uae-opec-oil-iran.html

https://apnews.com/article/opec-united-arab-emirates-leaving-cartel-4966108c3fafacb67181152216deda14

>The UAE made the announcement via its state-run WAM news agency.

>“This decision reflects the UAE’s long-term strategic and economic vision and evolving energy profile, including accelerated investment in domestic energy production, and reinforces its commitment to a responsible, reliable, and forward-looking role in global energy markets,” the UAE said.

>It also comes as the UAE has increasingly come into conflict with Saudi Arabia, particularly over economic issues and the war in Yemen against the Iran-backed Houthi rebels.