The withdrawal of the United Arab Emirates (UAE) from OPEC and Iran’s decision to reduce oil production are being seen as key factors increasing tensions in global energy markets.
The UAE, which has been an OPEC member since 1967 and accounts for approximately 13% of global oil supply within the organization’s quotas, explained its decision as a move toward a more independent energy policy.
At the same time, US-imposed restrictions on Iranian ports have significantly limited the country’s oil export capacity. As a result, Iran has been forced to cut production, with reports indicating that existing infrastructure—storage facilities, terminals, and tanker capacity at sea—has reached its limits.
According to Reuters, OPEC is considering increasing production to prevent a potential supply shortage, with a decision expected in the coming days.
Amid the current situation, Iran has partially suspended operations at several oil fields. Experts note that restarting production at these sites would be technically complex and costly.
Rising tensions in the region are also impacting global transport and aviation sectors. Increasing fuel prices have placed additional financial pressure on companies, forcing some to scale back or suspend operations.
Although diplomatic efforts are ongoing, the situation remains uncertain, and continued volatility in energy markets is expected.
