Trump welcomes UAE exit from OPEC, says move may lower oil prices

Dusmanta Behera
Dusmanta Behera - Editor-in-Chief
1 Min Read
File Photo of Donald Trump

NewzVille Desk

U.S. President Donald Trump on Wednesday welcomed the United Arab Emirates’ move to pull out of OPEC and said he believes the decision could help lower global oil prices.

Trump suggested that the UAE’s exit from the oil producers’ group may contribute to easing energy costs, which have remained a key concern in global markets.

The remarks come amid ongoing discussions around oil supply stability and price fluctuations, with energy markets closely watching shifts within major producing nations.

The statement reflects Trump’s continued focus on energy prices as a central economic issue, particularly in relation to inflation and global supply dynamics.

 

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Dusmanta Behera
By Dusmanta Behera Editor-in-Chief
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Founded in 2024, NewzVille has got some name and fame. With more than 28 years of long journalistic career, the Editor-in-Chief had remained in various key positions at News Today Pvt Ltd, ETV Networks, Lok Sabha TV, Rajya Sabha TV, and Sansad TV. As an accredited Video Journalist for more than 17 years under Ministry of Information &Broadasting, Government of India covered State Visits of Prime Minister and Vice President. With coverage spanning 2 General Elections and more than 18 Assembly Elections, notable work includes national security series, live chamber telecasts, and audience-favorite documentaries. Key interests remain in Documentaries on Armed Forces and Travelogues.
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