Why is the UAE choosing to leave OPEC?

Why is the UAE choosing to leave OPEC? Business

To display this content from YouTube, you must enable advertisement tracking and audience measurement.

Accept Manage my choices

One of your browser extensions seems to be blocking the video player from loading. To watch this content, you may need to disable it on this site.

Try again

05:56

Issued on: 29/04/2026 - 11:24

05:56 min Share Play (05:56 min) From the show Reading time 1 min

OPEC faces a double crisis as it manages both the energy shock caused by the closure of the Strait of Hormuz, and the departure of the UAE. Also in this edition: Airbus reports some disappointing quarterly results. Plus, OxyContin maker Purdue Pharma is sentenced to $5.5 billion in fines for its role in the deadly opioid crisis in the US.

By: Camille KNIGHT Bryan QUINN Advertising Related keywords

• Oil and gas industry
• OPEC+
• United Arab Emirates