Trump vindicated as OPEC faces collapse following UAE departure
7 Articles
7 Articles
The global energy landscape undergoes a seismic transformation that points to the end of an era of price control. The Organization of Petroleum Exporting Countries (OPEC), which for decades has influenced the world economy by restricting supplies, is facing an existential crisis. This scenario, recently analyzed by Fox Business, represents a political and economic victory for the administration of Donald Trump, who has maintained a constant camp…
Fox Business
The New York LedgerTrump vindicated as OPEC faces collapse following UAE departure
The price of gasoline is set to drop as the Organization of Petroleum Exporting Countries (OPEC) appears poised to collapse, experts predict. OPEC has long kept crude oil prices higher than they would otherwise be. If this pans out, it will be a major victory for the Trump administration, which is resetting global energy markets.The news of a probable end of the oil cartel also vindicates President Donald Trump, who has previously said OPEC is "…
ussanews.com
discernmoney.comTrump Vindicated as OPEC Cartel Cracks Following UAE Exit, Paving Path to Lower Energy Prices
The United Arab Emirates’ decision to exit OPEC marks more than a bureaucratic reshuffle in the oil world—it signals the unraveling of one of the most durable price-fixing schemes in modern history. With the UAE departing effective May 1, 2026, the cartel that long suppressed supply to inflate costs finds itself hemorrhaging credibility and production...
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