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Politics
UAE says Opec exit aligns with long-term energy strategy
April 28, 2026
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Posted 3 hours ago by
UAE says Opec exit aligns with long-term energy strategy Sultan Al Jaber, the UAE Minister of Industry and Advanced Technology and managing director of Adnoc, said his country’s decision to leave Opec and Opec+ reflects a “sovereign decision in line with its long-term energy strategy”. He said Adnoc’s priorities remain unchanged, with a focus on meeting global energy demand across oil, gas, chemicals and lower-carbon energy sources.
The announcement comes amid a major energy shock linked to the US-Israeli war on Iran.
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