Trump Argues UAE’s OPEC Exit Could Lower Energy Prices
US President Donald Trump has said the United Arab Emirates’ decision to leave OPEC would help lower energy prices, which have spiked due to the war in Iran and continue to climb. Columbia University Senior Research Scholar Karen Young shares her views on the market impact.
ORIGINAL SOURCE →via Bloomberg Markets
ADVERTISEMENT
⚡ STAY AHEAD
Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.
GET THE SUNDAY BRIEFING →RELATED · AE
- [FINANCE] Dubai eases visa rules for single-property buyers
- [ENERGY] UAE exit leaves Opec facing more rivals with limited buffers
- [ENERGY] OPEC weakened by UAE exit, analysts warn FG
- [ENERGY] ‘Itching to pump more oil’: What could the UAE’s exit from OPEC mean for the climate?
- [ENERGY] UAE’s Opec exit
- [ENERGY] Why the UAE is leaving OPEC