US President Donald Trump has welcomed the decision of the United Arab Emirates to leave OPEC, saying that this will ultimately lower prices for consumers, especially in the energy sector, reports Anadolu.

“It’s very good. I know him very well, Mohammed, he’s very smart and maybe he wants to go his own way,” Trump told reporters in the Oval Office, referring to the president of the United Arab Emirates, Mohammed. bin Zayed Al Nahyan.

“I think in the end it’s a good thing about lowering the price of petrol, lowering oil, lowering everything. They have it all. He’s a great leader, actually. So yeah, I’m fine with that,” he added.

Yesterday, the United Arab Emirates announced it would leave OPEC and the wider OPEC+ group, marking one of the most significant rifts within the group. oil producers in recent years.

The decision comes at a time when global energy markets face major disruptions due to the US-Israeli war against Iran, significantly raising oil prices and concerns about the security of supply from the Gulf region.

The United Arab Emirates has been a member of OPEC since 1967.

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Source: prizrenpost