{"id":660333,"date":"2026-05-02T11:38:14","date_gmt":"2026-05-02T06:08:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=660333"},"modified":"2026-05-02T11:38:14","modified_gmt":"2026-05-02T06:08:14","slug":"uae-exits-opec-what-forced-the-west-asian-nation-to-junk-the-oil-cartel-amid-the-us-iran-war-explained","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/uae-exits-opec-what-forced-the-west-asian-nation-to-junk-the-oil-cartel-amid-the-us-iran-war-explained\/","title":{"rendered":"UAE exits OPEC: What forced the West Asian nation to junk the oil cartel amid the US-Iran war? Explained"},"content":{"rendered":"<p>US-Iran war: Amid disruptions to the Strait of Hormuz route and a deadlock in US-Iran ceasefire talks, the UAE announced a surprise exit from the oil cartel OPEC on 1st May 2026. Even though the UAE&#8217;s departure from OPEC won&#8217;t have an immediate impact on crude oil prices, supply chain logistics have already created a demand-supply constraint. However, experts believe that in the long term, the UAE&#8217;s exit from OPEC would allow it to produce oil in line with its potential, helping curb OPEC&#8217;s dictate to lower production and raise crude oil prices.<\/p>\n<p>UAE leaves OPEC: Was it a surprise?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US-Iran war: Amid disruptions to the Strait of Hormuz route and a deadlock in US-Iran ceasefire talks, the UAE announced a surprise exit from the oil cartel OPEC on 1st May 2026. Even though the UAE&#8217;s departure from OPEC won&#8217;t have an immediate impact on crude oil prices, supply chain logistics have already created a demand-supply constraint. However, experts believe that in the long term, the UAE&#8217;s exit from OPEC would allow it to produce oil in line with its potential, helping curb OPEC&#8217;s dictate to lower production and raise crude oil prices. UAE leaves OPEC: Was it a surprise?<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-660333","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/660333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=660333"}],"version-history":[{"count":1,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/660333\/revisions"}],"predecessor-version":[{"id":660334,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/660333\/revisions\/660334"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=660333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=660333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=660333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}