UAE Exits OPEC and OPEC+: Geopolitical Realignment, India’s Energy Security, and the Future of Oil Governance
On May 1, 2026, the United Arab Emirates officially exited the Organization of the Petroleum Exporting Countries and the broader OPEC+ alliance, marking one of the most consequential shifts in global energy governance since the formation of OPEC+ in 2016. The UAE, OPEC’s third-largest producer and one of only two members with meaningful swing production…