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    MarketForces Africa » MarketForces News » Iran Accuses UAE of Cooperating with “Aggressors” Against Tehran
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    Iran Accuses UAE of Cooperating with “Aggressors” Against Tehran

    Olu AnisereBy Olu AnisereMay 5, 2026Updated:May 5, 2026No Comments1 Min Read
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    Iran Accuses UAE of Cooperating with “Aggressors” Against Tehran
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    Iran Accuses UAE of Cooperating with “Aggressors” Against Tehran

    Iran’s Foreign Ministry spokesman Esmaeil Baghaei  has accused the United Arab Emirates (UAE) of its “support for and cooperation with the aggressors against Iran.”

    Baghaei said at a press conference that the behaviours of the UAE “created many problems” not only for Iran, but also for the region’s security and the solidarity among regional countries.

    He added that Iran hopes “all regional countries have learned the necessary lessons from the developments that occurred during these 50 days.”

    When asked about Iran’s stance toward the UAE’s withdrawal from the Organisation of the Petroleum Exporting Countries (OPEC), Baghaei said the move is not “constructive,” it is a “negative or vindictive” reaction against the region and OPEC member states.

    OPEC was founded in 1960 by Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela to coordinate production policies. The UAE said in late April that it would withdraw from OPEC and the wider OPEC+ alliance, effective May 1.

    Its departure leaves the group with 11 members. The wider OPEC+ alliance includes an additional 10 non-OPEC producers. Nigeria Targets Zero Gas Flaring, Boosts Energy Transition

    Iran UAE
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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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