PANews April 28 news, the United Arab Emirates announced on Tuesday that it will withdraw from OPEC and OPEC+ starting May 1. Against the backdrop of the Iranian war that has caused historic energy shocks and shaken the global economy, this represents a heavy blow to the organization and its actual leader, Saudi Arabia. As a long-time member of OPEC, the UAE's unexpected announcement of withdrawal may lead to chaos within the organization and weaken its influence—despite existing internal disagreements on a range of issues from geopolitical matters to production quotas, OPEC generally strives to present a unified stance. This may be a significant victory for U.S. President Trump. Trump has accused the organization of "extorting other parts of the world" by raising oil prices. He has also linked U.S. military support in the Gulf region to oil prices, stating that while the U.S. defends OPEC member states, they are "taking advantage of this by setting high oil prices." The UAE is a regional commercial hub and one of Washington's most important allies. Prior to this move, the UAE had criticized other Arab countries for failing to take adequate measures to protect it from multiple attacks by Iran during the war.

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