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Politics

UAE says it left OPEC on good terms, Iran criticises exit

May 4, 2026
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Posted 2 hours ago by

UAE says it left OPEC on good terms, Iran criticises exit UAE Energy Minister Suhail Al Mazrouei said on Monday that the UAE left Opec and Opec+ on good terms and will continue working with members of the groups. “Opec has been relatively calm about the decision,” he said at a conference to reporters in reference to the reaction to the country leaving the oil producers’ group.

Iran, an Opec member, has criticised the UAE for the exit and said that a “negative or vengeful reaction toward members is not constructive,” in comments made by Iranian foreign ministry spokesperson Esmaeil Baghaei to reporters on Monday. He added that Iran would retain its commitments to Opec and also blamed the UAE for its “inappropriate actions” in supporting Israel and the US in their war against Iran.

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