How the UAE’s departure from Opec could reshape diplomacy and oil markets in the Middle East

How the UAE’s departure from Opec could reshape diplomacy and oil markets in the Middle East

From The Globalist by Monocle

April 30, 2026 · 59 min

About this episode

The episode discusses the implications of the UAE's exit from Opec on diplomacy and oil markets in the Middle East.

The UAE’s exit from Opec is part of a broader strategic pivot, argues Pat Breen of Gas Strategies. We look at the diplomatic intrigue behind a move that has rattled oil markets. Plus: Kosovo faces another election and a preview of the Venice Biennale. See omnystudio.com/listener for privacy information.

People in this episode

Guest: Pat Breen

Topics covered

  • UAE
  • Opec
  • oil markets
  • diplomacy
  • Kosovo elections
  • Venice Biennale

Keywords

  • UAE
  • Opec
  • oil markets
  • diplomacy
  • Kosovo
  • Venice Biennale

Mentioned in this episode

Organizations: Opec

Places: UAE, Kosovo

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