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Trump praises UAE quitting OPEC and OPEC+ saying it could push oil prices lower fast
Business
Published on 30 April 2026
He calls the UAE move “great” and hints prices drop
US President Donald Trump on April 30 welcomed the UAE’s decision to leave the OPEC and OPEC+ alliance, saying the shift could help lower global oil and gas prices. Trump praised UAE leadership and framed the move as a smart strategy, while linking the development directly to potential price relief for markets worldwide.
- Trump hailed the UAE’s exit from OPEC and OPEC+
- He said the decision could reduce global oil and gas prices
- UAE leadership was praised as “very smart” by Trump
- The comments tie alliance changes to near-term market expectations
Read the full story at Republic
This summarization was done by Beige for a story published on 
Republic