UAE's abrupt announcement on April 28 to exit OPEC and OPEC+ effective May 1, amid frustrations with production quotas and Saudi leadership, has intensified speculation of further withdrawals from the Gulf Cooperation Council (GCC), driven by senior official Anwar Gargash's public criticism of the bloc's weak political and military response to Iranian attacks during the ongoing war. However, a UAE official stated on April 29 that while reassessing multilateral ties—including the GCC and Arab League—no additional departures are under consideration. With the market deadline today, no formal withdrawal communication has occurred, leaving trader consensus skeptical given official denials and historical patterns of Gulf alliance preservation despite Yemen and Sudan divergences.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedWill UAE leave the Gulf Cooperation Council by April 30?
Will UAE leave the Gulf Cooperation Council by April 30?
$185,872 Vol.
$185,872 Vol.
$185,872 Vol.
$185,872 Vol.
An official announcement or formal communication refers to a statement by the United Arab Emirates government or an entity officially authorized to make such a decision that clearly indicates its decision to withdraw from the Gulf Cooperation Council, including but not limited to a notice of denunciation or equivalent official statement, regardless of when the withdrawal is set to take effect.
Informal announcements, statements from unnamed sources, or leaks will not qualify.
The primary resolution source will be official information from the UAE government and the GCC; however, a consensus of credible reporting may also be used.
Market Opened: Apr 28, 2026, 1:13 PM ET
Resolver
0x65070BE91...An official announcement or formal communication refers to a statement by the United Arab Emirates government or an entity officially authorized to make such a decision that clearly indicates its decision to withdraw from the Gulf Cooperation Council, including but not limited to a notice of denunciation or equivalent official statement, regardless of when the withdrawal is set to take effect.
Informal announcements, statements from unnamed sources, or leaks will not qualify.
The primary resolution source will be official information from the UAE government and the GCC; however, a consensus of credible reporting may also be used.
Resolver
0x65070BE91...UAE's abrupt announcement on April 28 to exit OPEC and OPEC+ effective May 1, amid frustrations with production quotas and Saudi leadership, has intensified speculation of further withdrawals from the Gulf Cooperation Council (GCC), driven by senior official Anwar Gargash's public criticism of the bloc's weak political and military response to Iranian attacks during the ongoing war. However, a UAE official stated on April 29 that while reassessing multilateral ties—including the GCC and Arab League—no additional departures are under consideration. With the market deadline today, no formal withdrawal communication has occurred, leaving trader consensus skeptical given official denials and historical patterns of Gulf alliance preservation despite Yemen and Sudan divergences.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


Beware of external links.
Beware of external links.
Frequently Asked Questions