Qatar, one of the oldest OPEC members announced on Monday it will leave the oil cartel in January after 60 years. Qatar’s minister of state for energy affairs said Qatar plans to ‘develop and increase its natural gas production.’ The energy minister claimed the move was not politically motivated but a ‘technical and strategic’ change.
Yesterday, Qatar restored full diplomatic relations with Iran, giving the public no explanation for their sudden decision. The restoration of their relationship with Iran means Qatar is further alienating themselves from their Arab neighbors who currently share a negative rapport with Qatar.
A list of requests leaked by the nation of Saudi Arabia was supplied to Qatar with one of the top demands on the list being the shutting down of Qatari news company Al-Jazeera. Qatar was also told in the list to scale back its diplomatic relations with Iran, close down a Turkish military base in Qatar and sever ties with “terrorist organizations,” including the Muslim Brotherhood, the Islamic State militant group, and Lebanon’s Hezbollah.