{"id":2994,"date":"2026-04-28T15:51:00","date_gmt":"2026-04-28T12:51:00","guid":{"rendered":"https:\/\/en.tomanifesto.gr\/?p=2994"},"modified":"2026-04-28T15:51:00","modified_gmt":"2026-04-28T12:51:00","slug":"united-arab-emirates-withdraws-from-opec-and-opec-strong-tremors-in-the-global-energy-market","status":"publish","type":"post","link":"https:\/\/en.tomanifesto.gr\/?p=2994","title":{"rendered":"United Arab Emirates withdraws from OPEC and OPEC+ &#8211; Strong tremors in the global energy market"},"content":{"rendered":"<p data-path-to-node=\"1\">The decision by the <b>United Arab Emirates<\/b> to leave the <b>OPEC<\/b> is causing serious shocks to the international balance and the economy.<\/p>\n<p data-path-to-node=\"2\"><b data-path-to-node=\"2\" data-index-in-node=\"0\">Developments in the <b>energy<\/b>, as the <b data-path-to-node=\"2\" data-index-in-node=\"78\">United Arab Emirates<\/b> announced the <b>withdrawal<\/b> from <b data-path-to-node=\"2\" data-index-in-node=\"141\">OPEC<\/b> and <b data-path-to-node=\"2\" data-index-in-node=\"154\">OPEC+<\/b>. <\/p>\n<p data-path-to-node=\"2\">The move is a <b>shattering blow<\/b> to <b data-path-to-node=\"2\" data-index-in-node=\"214\">Saudi Arabia<\/b> and the cohesion of the organization, at a time when <b>the fighting in Iran have already brought historic turbulence to prices and global stability<\/b>.<\/p>\n<p data-path-to-node=\"3\"><b>The exit of such a key member<\/b> is expected to weaken the <b data-path-to-node=\"3\" data-index-in-node=\"65\">first front<\/b> that the organisation has traditionally sought to project. <\/p>\n<p data-path-to-node=\"3\">The decision comes as <b>a backlash<\/b> to the Emirates&#8217; strong resentment<\/b> toward other Arab states, which it <b>accuses<\/b> of <b>inadequate protection<\/b> against <b data-path-to-node=\"3\" data-index-in-node=\"291\">Iranian attacks<\/b>.<\/p>\n<p data-path-to-node=\"4\">The situation on the international scene is now shaping up as follows:<\/p>\n<ul data-path-to-node=\"5\">\n<li>Significant <b>significantly <b>weakening of OPEC&#8217;s influence<\/b> on international <b data-path-to-node=\"5,0,0\" data-index-in-node=\"57\">production quotas<\/b>.<\/li>\n<li><b>Political victory for Donald Trump<\/b>, who had repeatedly accused the organization of &#8220;<b data-path-to-node=\"5,1,0\" data-index-in-node=\"97\">exploiting the rest of the world<\/b>&#8221; through artificial price increases.<\/li>\n<li><b>Further uncertainty about the movement of fuel through the Strait of Hormuz<\/b>, a critical passage for global trade.<\/li>\n<\/ul>\n<p data-path-to-node=\"6\">The US president had directly linked <b data-path-to-node=\"6\" data-index-in-node=\"47\">US defence support<\/b> to Gulf countries to oil costs, claiming that cartel members &#8220;<b data-path-to-node=\"6\" data-index-in-node=\"166\">are exploiting the situation by imposing high oil prices<\/b>&#8221; despite the protection they receive. <\/p>\n<p data-path-to-node=\"6\">With this new geopolitical shift, <b>the Emirates appear to be aligning themselves more closely with the demands of Washington<\/b>, upsetting the traditional balance of power in the Middle East.<\/p>\n<p>&lt;\/html<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The decision of the United Arab Emirates to leave OPEC is causing serious shocks to the international balance and the economy.<br \/>\n&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2995,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"acf":[],"_links":{"self":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/2994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2994"}],"version-history":[{"count":0,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/2994\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/media\/2995"}],"wp:attachment":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}