ADNOC CEO Sultan Al Jaber said the UAE’s decision to exit OPEC and OPEC+ is a sovereign move serving national interests and long-term strategy, and is not directed against any country. He said the shift will allow greater flexibility to accelerate in

2026-05-04

ADNOC CEO Sultan Al Jaber said the UAE’s decision to exit OPEC and OPEC+ is a sovereign move serving national interests and long-term strategy, and is not directed against any country. He said the shift will allow greater flexibility to accelerate investment, expand and create value. Al Jaber added the UAE will remain a reliable partner in global energy markets and said security of vital routes such as the Strait of Hormuz is a shared global responsibility.