UAE Quits OPEC Amid Iran War – Global Oil Shock Explained

[{"selector":"#anim-36aad803-a27a-4848-ae4d-0d181a9b2493","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6fea0587-06b0-48df-9c79-9245b1a87c1e","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google

[{"selector":"#anim-4d3d87c0-260a-4b68-948f-d872e8235a38","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ca0c6e66-598d-4a45-bcf5-ce338686e1e0","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-541232e8-0065-4e44-b8fa-a95a3dd98848 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(2.4877807483424874%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-650e8fe3-30d4-4b4e-9fe2-2ed463343c40","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eaf58350-6a0c-4b8a-91e4-688bd89325d3","keyframes":{"transform":["translate3d(0px, 538.05568%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-389b350b-9a95-4d65-8337-769dc624fe0f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-804d0b04-8a56-40eb-a195-e22cea7a6884","keyframes":{"transform":["translate3d(0px, 1387.37398%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google A major oil shock hits global markets amid the Iran war UAE Quits OPEC

[{"selector":"#anim-17c11f32-ad64-484d-a1bf-4d7f18b777d5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(1.6650006308215453%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b48e24c2-fd2d-410e-9de5-f309df4f3336","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-680f3b00-6384-49f8-8b7b-8894f1a29c0d","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-08ffd306-09ed-48c3-90d5-0f9fc6b97571","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bbd69d16-3840-4600-b704-363df38c89e4","keyframes":{"transform":["translate3d(0px, 395.37025%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9404ad6d-d49d-4fee-8e01-cfa36d44a73d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1216169d-ef3b-41c4-90f8-132e8f5c8756","keyframes":{"transform":["translate3d(0px, 1346.4649%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google The United Arab Emirates announced it will leave OPEC and OPEC+ starting May 1 What happened?

[{"selector":"#anim-92178f68-7b27-4702-92eb-eca7bcf6876a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-5.20513879069409%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-5198da31-b9a9-465d-a641-d3338500611f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1d4f9d0c-4e75-4e78-9178-0d79bae0b0e2","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0b4a41e8-eaef-4fdb-8dfd-652296d585d0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0b3d05f3-548a-4727-a2e9-461735baea72","keyframes":{"transform":["translate3d(0px, 294.17339%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4b7201ce-1cac-4ba5-98af-3796fb6e3f78","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b36d9514-5f5f-4dbf-9a7e-ec6f5dd2fd03","keyframes":{"transform":["translate3d(0px, 1360.10135%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google The UAE said the decision reflects its “evolving energy strategy” and focus on increasing domestic production Why is UAE leaving?

[{"selector":"#anim-92ab05a4-6570-42f8-ae6f-280468b6acbc [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-6.597891910731935%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-86472fdd-a7ae-4342-bd5f-ce68aa792962","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a84e2288-3208-4cd8-926d-333c81b9e6be","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1b47583a-9cfd-49a8-aed0-651a3a689e54","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-98766d5c-2d3d-4af7-9f0d-1fc3596fca8d","keyframes":{"transform":["translate3d(0px, 1360.10135%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1f387fde-807c-4a9d-acb9-fe4a250b54d2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-268e3880-e6c9-4e90-ab5e-4f5b2a061ff9","keyframes":{"transform":["translate3d(0px, 281.97829%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google Iran war connection The move comes during the ongoing 2026 Iran war which has disrupted global energy markets

[{"selector":"#anim-f1b85508-eef4-4740-8ae1-043da2ccda78 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-11.805808491384468%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-3ebe70c4-4808-42db-969a-d63691d073c3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d2d9b9a1-c693-4853-8424-5ff90f483bd0","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7ae684de-e6ee-46b0-af52-6119ff801f4f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5a5441f9-3b56-4d4b-837a-2e2e799dcaf1","keyframes":{"transform":["translate3d(0px, 1387.37398%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6da34d39-d02f-4a9d-8fe1-54bd296e040b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c94318b4-d8a9-48ea-960c-7c95cc831f96","keyframes":{"transform":["translate3d(0px, 395.37025%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google Big blow to OPEC UAE’s exit weakens OPEC’s influence and unity, especially during a global oil crisis

[{"selector":"#anim-494968b6-2e10-4607-815e-3523c04df9fb [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-74271798-715e-44b1-bdf2-a67faa753bd2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-401fe2ca-5dd2-4741-b806-0a1a6c81cf52","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9b9e401d-19f9-41b0-bc9f-7fc67eafd56a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b1d0c20c-6c0c-460d-af70-9a431be66d32","keyframes":{"transform":["translate3d(0px, 1346.4649%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1c630e6c-b01a-4c8d-b28c-f1142eb0bb70","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f27eb60c-5224-446e-978f-e9f11c3fd1c0","keyframes":{"transform":["translate3d(0px, 392.03697%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google Global oil impact The decision could increase oil supply uncertainty and volatility in international markets

[{"selector":"#anim-7d746dcc-466a-44b6-8f3d-af662ca77363 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.552713678800501e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-1709414a-a5c9-4377-8502-09ae61ad4ca8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aaab1c15-3002-4886-b799-65c279201b22","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b122d50e-c7d3-4d6b-b83d-10f604072276","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2f8b06e9-70bf-4566-8ae7-a6156913d78d","keyframes":{"transform":["translate3d(0px, 1364.64674%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7fa3ef8b-d91a-4e64-94af-022554fd85ac","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9c741570-4694-4811-9a3c-e4356b8461ad","keyframes":{"transform":["translate3d(0px, 395.37025%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google Strategic shift UAE wants more control over its oil production instead of following OPEC quotas

[{"selector":"#anim-06989c90-61a8-49a8-be9a-2626a2f6b9ad [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-a84a7706-d5f3-42d1-85cc-5dd75eed55d0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-96c78b87-d99e-4016-b3db-7feedc480e8f","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f71b62f2-0586-426e-a872-afaf41a8902d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f2e37824-25b0-4288-a2c0-f6552533dbc5","keyframes":{"transform":["translate3d(0px, 1364.64674%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c2f8b72e-af06-4897-a5a1-dea449632392","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5e040d70-313a-415c-9b4e-27668eec703a","keyframes":{"transform":["translate3d(0px, 395.37025%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google Geopolitical tensions The move also highlights growing tensions in the Gulf region amid conflict with Iran

[{"selector":"#anim-bb28c80f-23ba-4157-818d-796078afdd9d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-0b13137b-b07d-4c36-83ff-1bae5ba5aeef","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ef89a0c4-2389-4d9e-9c58-906695ad23db","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bcad76ac-62e5-49ff-b4a4-e319611af752","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-53246616-1506-4e93-ac8b-5dc633a23a9e","keyframes":{"transform":["translate3d(0px, 1351.01029%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9ccf2d2a-f4c9-4885-a961-a90af25d5509","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8238ee84-cd61-45ae-8996-acbd112271cf","keyframes":{"transform":["translate3d(0px, 393.70361%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google Energy crisis risk War disruptions, especially near key oil routes, are already pushing prices higher worldwide

[{"selector":"#anim-369dc489-45f3-486e-ad6b-dea3922bcb4a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-fb98c1de-f2c7-46cb-a728-d64a85995fa4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9460140e-1429-4663-9096-ab6b67599e4e","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9845c3a0-2eaf-4948-ac8c-f21d1859672c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9a5f6c20-f494-48d2-8d9a-dfcf23f0b7c0","keyframes":{"transform":["translate3d(0px, 1346.4649%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-52c93de1-a669-40a6-ad27-04fb1196ae16","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-08376436-33a7-46a6-9d1b-8a78fcbcb5ee","keyframes":{"transform":["translate3d(0px, 393.70361%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google Final Impact UAE’s exit could reshape global oil politics and affect fuel prices, economies, and energy security

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[{"selector":"#anim-30c71e36-9556-4bbb-83c7-79c5883e76ec","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-89d894da-1038-452a-91ac-ca71c291dcbe","keyframes":{"transform":["translate3d(0px, 88.8663%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-78191054-eed1-42ec-835a-43d15c08fa68","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-73d5fc81-da6f-4753-8bf8-e20f64bdd4e8","keyframes":{"transform":["translate3d(0px, 180.59622%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more