Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen’s correspondent: Woman martyr succumbed to her wounds after Israeli strike targeted near gate of Al-Shifa Hospital, west of Gaza City, bringing the death toll from the strike to 2.
Al Mayadeen’s correspondent in Gaza: One martyr, several injured after an Israeli drone targeted a vehicle near Al-Baraka Street, south of Deir al-Balah in the central Gaza Strip.
Iran: Assembly of Experts: The country’s foreign policy apparatus must proceed in the same direction and serve as the voice expressing the country’s Resistance
Iran: Assembly of Experts: The enemy is relying on economic warfare and its desperate attempts to impose an air and land blockade on the country
Iran: Assembly of Experts: The remarkable victories achieved by the Islamic Republic of Iran are attributable first and foremost to your presence, resistance and sacrifices
Iran: Assembly of Experts: Continued participation in public gatherings and the preservation of sacred unity are essential
Lebanon: Al Mayadeen correspondent in the south: Israeli occupation forces throw two stun grenades on the outskirts of Kfar Shuba
Iran: Mohammad Mokhber: The claims made by the Americans are baseless nonsense
Occupied Palestine: Al-Quds Brigades: Our fighters confirmed that members of the collaborator force were killed and wounded
Occupied Palestine: Al-Quds Brigades: At dawn today, Thursday, our fighters detected the advance of a force belonging to collaborator militias affiliated with the Israeli enemy and engaged it east of al-Bureij refugee camp in the central Gaza Strip

Trump backs UAE OPEC exit, discusses Iran with Putin

  • By Al Mayadeen English
  • Source: Agencies
  • 29 Apr 2026 23:43
  • 2 Shares
4 Min Read

Trump praises the UAE’s OPEC exit while discussing Iran’s civilian nuclear program and ceasefire proposals with Putin, signaling shifts in energy and geopolitical dynamics.

Listen
  • x
  • Russian President Vladimir Putin and U.S. President Donald Trump in Helsinki on July 16, 2018. (Brendan Smialowski/AFP/Getty Images)
    Russian President Vladimir Putin and U.S. President Donald Trump in Helsinki on July 16, 2018. (Brendan Smialowski/AFP/Getty Images)

US President Donald Trump welcomed the United Arab Emirates’ decision to withdraw from both OPEC and OPEC+, describing the move as beneficial for global energy pricing.

“I think it's great,” Trump said when asked about the development. “I think ultimately it's a good thing for getting the price of gas down, getting oil down, getting everything down ... I'm okay. They're having some problems in OPEC.”

His remarks reflect Washington’s longstanding preference for lower oil prices, even at the expense of its other oil-producing allies like Saudi Arabia, particularly in the context of domestic economic considerations and global market competition.

UAE frames exit as strategic sovereign decision

The UAE announced its withdrawal, effective May 1, through its state news agency WAM, marking a significant shift in Gulf energy policy.

Afra Mahash Al Hameli, director of communications at the UAE Foreign Ministry, described the move as “a sovereign, strategic choice grounded in its long-term economic vision.” She emphasized that Abu Dhabi would continue to cooperate with international partners and contribute to global energy markets despite leaving the alliance.

The decision signals a broader recalibration among major producers, as states seek greater autonomy in managing production levels and responding to shifting global demand.

Read more: After OPEC, UAE considers leaving GCC, Arab League: Reuters

Trump and Putin discuss Iran's nuclear file

In parallel, Trump revealed that he discussed Iran’s uranium enrichment program with Russian President Vladimir Putin during a phone call earlier in the day.

“[Putin] told me he'd like to be involved with [Iran's uranium] enrichment if he can help us get it,” Trump said, indicating Moscow’s interest in playing a role in shaping the future of Iran’s nuclear activities.

The disclosure highlights ongoing coordination between Washington and Moscow on key topics and strategic concerns, despite broader geopolitical tensions.

Iran said on April 18 that it will not transfer the country's enriched uranium abroad, declaring that Iran's uranium reserves are as sacred as its own soil.

Tehran continues to reiterate that its uranium enrichment program is purely for civilian use, including agriculture and medicine, and that the nation operates no military nuclear program.

Prior to the ceasefire, Washington may have attempted to steal Iran's uranium under the cover of a search and rescue mission. 

Iranian Foreign Ministry spokesperson Esmail Baghaei mentioned that the failed operation in Isfahan may have had ulterior motives, stating that the possibility of Washington's attempt to steal uranium "cannot be ruled out." This sentiment is also shared by former Pentagon Senior Security Policy Analyst Michael Maloof. 

Ceasefire proposal raised in US-Russia call

Trump also stated that he proposed a limited ceasefire during his conversation with Putin, suggesting the possibility of a de-escalatory move.

“I suggested a little bit of a ceasefire, and I think he might do that. He might announce something having to do with it,” Trump said.

While details remain unclear, the proposal indicates that diplomatic channels between the two powers remain active, even as conflicts persist across multiple fronts.

However, the US president told Axios that the naval blockade on Iran will continue if Tehran does not capitulate to US demands regarding its civilian nuclear program.

Three sources also told the outlet that US Central Command (CENTCOM) prepared a plan for a "short and powerful" wave of strikes on Iran in hopes that the increased pressure on the Islamic Republic will move negotiations in Washington's favor. 

Iran, despite US threats, stated clearly that it is ready for any new attack against its people. 

Implications for energy and geopolitics

The convergence of these developments, the UAE’s exit from OPEC+, US-Russia discussions on Iran, and tentative ceasefire proposals, points to a fluid geopolitical landscape.

Energy markets may experience increased volatility as traditional coordination mechanisms weaken, while diplomatic engagements suggest parallel efforts to manage escalating tensions.

Trump’s endorsement of the UAE’s move and his engagement with Russia underscore a broader strategy based on reshaping energy balances and negotiating outside traditional frameworks.

  • OPEC
  • war on Iran
  • UAE
  • OPEC+
  • US-Israeli aggression on Iran
  • Donald Trump
  • Vladimir Putin
  • Iran
  • Iran nuclear program

Most Read

Ueno Bank’s collapse removed Peña, a close ally of Trump, Netanyahu and Milei, and left millions of Paraguayans and public funds exposed. (Al Mayadeen English)

From 'safe haven' to banking crisis: What went wrong in Paraguay?

  • Economy
  • 7 Nov 2026
The Shenzhou-23 manned mission launches from the Jiuquan Satellite Launch Center in Jiuquan, northwestern China on Sunday, May 24, 2026. (AP)

China expands Yaogan satellite fleet with three-spacecraft launch

  • Technology
  • 6 Nov 2026
Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington, March 9, 2020. (AP)

Musk announces major expansion of SpaceX's Starlink satellites

  • Technology
  • 7 Nov 2026
US President Donald Trump speaks after signing an executive order in the Oval Office of the White House Thursday, Nov. 5, 2026, in Washington. (AP Photo/Alex Brandon)

Trump administration cancels meeting of White House AI panel

  • Technology
  • 6 Nov 2026

Coverage

All
US Midterm Elections 2026

Read Next

All
Smoke rises after Israeli occupation forces target the Ali al-Taher hill in South Lebanon, November 12, 2026 (Social media)
Politics

South Lebanon: Israeli drones explode over homes, fire targets farmers

Michael Maloof, a former senior security policy analyst at the Pentagon (L), and Prof. Mohammad Marandi appear on Al Mayadeen’s The Grand Standoff: Iran and the World, on Wednesday, November 11, 2026 (Al Mayadeen English)
Politics

Iran lifts missile range limit, keeps 60% uranium stock | Excl.

Masked member of the Palestinian Al-Quds Brigades sitting behind sniper rifles during a rally to commemorate the 35th anniversary of their group in Nuseirat refugee camp, central Gaza Strip, Oct. 4, 2022. (AP)
Politics

Al-Quds Brigades kill, wound Israeli-backed militiamen in Bureij

An oil tanker is seen through an IRGC thermal camera in the Strait of Hormuz, November 12, 2026 (social media)
Politics

IRGC reports explosions involving 2 oil tankers in Strait of Hormuz

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS