Trump Supports UAE's Exit from OPEC, Citing Potential to Lower Energy Prices

President Donald Trump expressed support for the UAE's decision to leave OPEC, stating it could lower energy prices. The UAE's exit comes amid rising oil prices due to the U.S.-Israel war with Iran and the closure of the Strait of Hormuz by Iran. The UAE was OPEC's third-largest oil producer.

By Kevin Breuninger · CNBC ·

Trump Supports UAE's Exit from OPEC, Citing Potential to Lower Energy Prices

Topics: Donald Trump international relations Iran oil prices OPEC UAE

Read the full article at CNBC

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