UAE reviewing multilateral ties after OPEC exit but rules out more departures, official says
Summary
The UAE is reconsidering its membership in multilateral organizations after exiting OPEC but currently rules out further withdrawals from bodies like the Arab League and GCC, amid regional geopolitical shifts.
Key Points
- The UAE is reviewing its role in multilateral organisations following its withdrawal from OPEC.
- Abu Dhabi is not planning further exits from regional bodies such as the Arab League or GCC at this time.
- The UAE has a simmering rivalry with Saudi Arabia regarding oil policy and regional geopolitics.
- The UAE is strengthening ties with the US and Israel while reassessing alliances due to the Iran war and regional conflicts.
