The UAE announced its withdrawal from OPEC and OPEC+, potentially making Trump the "biggest winner."

CoinFeed reported on April 28 that the United Arab Emirates announced its withdrawal from OPEC and OPEC+ effective May 1, dealing a heavy blow to the organization and its de facto leader, Saudi Arabia, against the backdrop of the historic energy shock triggered by the Iran-Iraq war and the subsequent destabilization of the global economy. As a long-time OPEC member, the UAE's unexpected withdrawal could plunge the organization into chaos and weaken its influence—OPEC typically strives to present a unified stance despite internal disagreements on a range of issues from geopolitics to production quotas. This could be a major victory for US President Trump, who has accused the organization of "blackmailing the rest of the world" by driving up oil prices. Trump has also linked US military support in the Gulf region to oil prices, claiming that while the US is protecting OPEC members, they are "taking advantage of that by setting high oil prices."