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Trump, Iran trade sharp words over oil prices ahead of OPEC meeting

Reuters  |  WASHINGTON/LONDON 

By Susan Heavey, Doina Chiacu and Alex LawlerWASHINGTON/LONDON (Reuters) - Donald Trump and Iran exchanged sharp words over oil prices on Wednesday, with Tehran accusing the U.S. president of contributing to volatile prices after he withdraw from a global nuclear arms deal last month. Trump sparked the latest back-and-forth on Wednesday when he renewed his attack on OPEC, saying in a tweet that oil prices are too high and blaming the cartel. Oil prices have risen by around 60 percent over the last year after the Organization of the Petroleum Exporting Countries and some non-OPEC producers, ...

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First Published: Wed, June 13 2018. 20:03 IST
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