The United Arab Emirates’ decision to leave OPEC has rocked the region, underscoring how the country, at odds with Saudi Arabia, is increasingly charting its own course.

The announced Tuesday that it will leave the oil cartel OPEC and its wider OPEC+ group effective May 1, a move rumored for some time as the Emirates chafed under production restrictions and had increasingly frosty relations with neighboring Saudi Arabia.

The Trump administration seems unlikely to accept Iran’s offer to end the war and its chokehold on the Strait of Hormuz. The proposal delivered by Pakistan calls for the U.S. to lift its blockade

The United Arab Emirates on Tuesday announced its decision to exit the Organisation of the Petroleum Exporting Countries (OPEC and OPEC+), effective 1