According to investing.com, the decision followed UAE criticism of Arab states for not providing enough protection against Iranian attacks during the war. Anwar Gargash, diplomatic adviser to the UAE president, raised the issue at a forum of Gulf influencers on Monday.
“The Gulf Cooperation Council countries have supported each other logistically, but politically and militarily their position has been historically the weakest,” Gargash said. – “I expected such a weak position from the Arab League and I am not surprised by it, but I did not expect it from the Cooperation Council.
It should be noted that since the beginning of the US-Israeli war against Iran, OPEC oil producers in the Persian Gulf region have found it difficult to export through the Strait of Hormuz, through which one-fifth of the world’s crude oil and liquefied natural gas passes.
The UAE’s withdrawal represents a victory for US President Donald Trump, who has criticized the organization for inflating oil prices. Trump also linked U.S. military support for Gulf countries to oil prices, saying that while the U.S. protects OPEC members, it exploits that protection by setting high prices.
