
UAE's OPEC Exit: The Beginning of the End for Oil Cartel?
The UAE's decision to leave OPEC is being described as "the beginning of the end" for the oil producers' group, coming amid unprecedented market volatility triggered by the US-Israel war with Iran. The UAE was the world's third biggest oil exporter and OPEC's fourth biggest producer at 3.1 million barrels per day in 2025. Analysts suggest the UAE could increase production by around one million barrels daily now that it has exited the group, while OPEC's share of global crude production has fallen from 52.5% in 1973 to just 36.7% in 2025.








