Young: OPEC Exit is UAE Taking an Independent Stance

The UAE's decision to quit OPEC has been driven by its worsening rift with Saudi Arabia. Abu Dhabi is now also considering its membership of regional bodies, including the Arab League and the Organization of Islamic Cooperation, and is reassessing its role in the GCC. Karen Young, Senior Research Scholar in the Center on Global Energy Policy, Columbia University spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the oil market reaction to this move. Original filename: 20260430_052530_UAE_s_Departure_from_OPEC_Raises_Geopolitical_Questions_Amid.mp4 (Source: Bloomberg)