Trump welcomes UAE exit from OPEC

The comments were made at the White House during a media exchange while Trump met visiting Artemis II astronauts.

Positive step for energy prices

Responding to a reporter’s question, Trump described the UAE’s decision as a positive development, stating it could help reduce the price of oil, gasoline, and energy overall.

He suggested that the move may reflect a shift toward a more independent energy policy by the UAE and indicated that it could have broader market implications.

Praise for UAE leadership

Trump also referred to UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, describing him as “very smart” and a “great leader,”.

He added that the UAE may prefer to pursue its own direction outside the bloc and characterised the decision as beneficial.

OPEC faces internal pressure

The remarks come after the UAE, one of OPEC’s major producers, announced its withdrawal from the organisation. The move has been described in industry reports as a significant development for the group.

Analysts note the decision comes amid ongoing tensions within OPEC and wider energy market pressures linked to regional geopolitical instability.

Trump said the organisation is facing internal challenges, suggesting the UAE’s departure reflects broader issues within the group.

Background

The UAE confirmed its exit from OPEC earlier in the week, a move that follows heightened volatility in global energy markets.

The development comes as oil-producing nations navigate shifting supply dynamics and geopolitical tensions affecting the energy sector.