US President Donald Trump has welcomed the United Arab Emirates (UAE) decision to withdraw from OPEC, describing it as “great” and suggesting it could bring stability to volatile global energy markets.
Speaking to reporters, Trump said the move may contribute to easing oil and petrol prices, which have been under pressure amid disruptions linked to the ongoing US-Israeli war involving Iran, reports Middle East Eye.
“I think ultimately it’s a good thing for getting the price of gas down, getting oil down, getting everything down,” he added.
