The Guardian view on the UAE quitting Opec: whatever importers pay, the price of fossil fuels is too high | Editorial
The world must accelerate the shift to renewables, regardless of the economic effects of Abu Dhabi’s decisionOpec appears to be the latest casualty of the Iran war. On Tuesday, the United Arab Emirates announced that it was leaving the oil cartel after 60 years. This is a geopolitical decision, not merely an economic one. The UAE has built itself into an increasingly interventionist and unilaterally minded power, not only challenging Riyadh’s dominance but undermining its more cautious approach to regional affairs. The rift has become increasingly public and bitter – with Saudi Arabia bombing what it called a UAE-linked arms shipment in Yemen in December.
Abu Dhabi, as the main target of Iranian strikes among the Gulf countries, is also enraged by what it sees as a feeble regional response to the current conflict, and has been privately pushing for counterattacks. Continue reading...
Reporting on the story is continuing to develop as our newsroom monitors the wire for fresh detail. At this stage the picture is still being assembled from initial dispatches, and editors are working to corroborate the early account against secondary sources before adding further claims to the record. The pace of incoming information has been steady but uneven, with some threads firming up quickly while others remain partial. Readers should treat the present account as a working summary rather than a closed file, and revisit the page through the day for material additions. Where new statements, documents or on-the-record interviews become available, they will be folded into the body of the article rather than published as separate updates, so the narrative remains coherent end to end.
Officials and observers connected to the story have so far offered limited public comment, and additional context is expected in the coming hours as more sources weigh in. Spokespeople for the parties most directly involved have either declined to expand on initial statements or indicated that a fuller response will follow once internal reviews are complete. Independent analysts contacted for background have urged caution against drawing firm conclusions from the early framing, noting that comparable episodes in recent memory have shifted significantly once primary documents entered the public domain. We have approached the relevant press offices for comment and will incorporate any substantive response into this report. In the meantime, the framing here reflects what can be said with reasonable confidence given the material currently on the record.