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Suhail Mohamed al-Mazrouei

Suhail Mohamed al-Mazrouei

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UAE leader announces exit from OPEC and OPEC+ to focus on national interests.

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Suhail Mohamed al-Mazrouei is a senior UAE official who recently announced the country's decision to quit OPEC and OPEC+. This move comes amid the ongoing US-Israel war on Iran, which has caused a historic energy shock and rattled the global economy. The UAE's exit from these organizations may benefit China, as it could lead to increased oil supply availability. However, analysts note that the Strait of Hormuz disruption remains a significant constraint. Al-Mazrouei's announcement is significant because it highlights the UAE's focus on national interests and its response to the current energy crisis. The move also has implications for the global oil market and China's access to oil supplies.
Last updated: June 1, 2026