The UAE announced its departure from OPEC and the OPEC+ alliance, an action interpreted as reflecting deepening divisions within the Gulf Cooperation Council. Experts suggest this move could lead to broader instability in global energy markets.

The United Arab Emirates’ decision to leave a global cartel of major oil-exporting countries is seen to reflect a widening fracture within the Gulf Cooperation Council (GCC). The UAE announced on Tuesday that it would leave the Organisation of the Petroleum Exporting Countries (Opec) and the wider Opec+ alliance, effective on Friday. The country joined the group in 1971, though one of its emirates – Abu Dhabi – joined in 1967. The UAE’s Ministry of Infrastructure said in a statement that the...