President Donald Trump says he supports the United Arab Emirates' decision to withdraw from OPEC. The U.S. leader described the move as a positive development for the global energy landscape.

Russia says the United Arab Emirates' exit from OPEC will increase global oil production and lower prices in the future.

Russia stated that the United Arab Emirates' departure from OPEC is expected to lead to an increase in global oil production and a subsequent decline in oil prices.

President Donald Trump says the United Arab Emirates' plan to exit OPEC is a "great" move that could help stabilize oil markets currently affected by the war with Iran.

President Donald Trump expressed support for the United Arab Emirates' plan to withdraw from OPEC, suggesting the move could stabilize oil markets amid the ongoing conflict involving Iran.

Brent crude futures close at $118.03 per barrel, surging $6.77 (6.08%).

Brent crude futures closed at $118.03 per barrel, rising $6.77 or 6.08%.

UAE reviewing multilateral ties post-OPEC exit, no further departures, official says. The reassessment follows the UAE's departure from OPEC, but the official rules out leaving other organizations.

A UAE official said the country is reviewing multilateral ties after leaving OPEC but rules out further departures.