The United Arab Emirates announced on Tuesday its decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC), ending nearly six decades of membership. Analysts view the move as driven by both economic and political motives. The UAE has long sought freedom from OPEC’s production quotas to fully utilize its oil capacity. The decision comes amid regional instability following U.S.-Israeli attacks on Iran and growing tensions with Saudi Arabia, OPEC’s leading member.

The UAE’s departure is expected to weaken OPEC’s control over global oil supply and pricing. While Saudi Arabia depends heavily on high oil prices to balance its budget, the UAE has invested heavily in expanding production and can tolerate lower prices. The move also reflects Abu Dhabi’s closer alignment with Israel and the United States, contrasting with Riyadh’s more cautious diplomatic stance. The timing coincided with a Gulf summit in Jeddah, where the UAE president was notably absent.

Analysts suggest the split could reshape regional alliances, forcing countries like Egypt and Jordan to navigate between Saudi and Emirati blocs. The rift may also influence broader Arab and Islamic cooperation frameworks, signaling a new phase of rivalry in the Gulf.