Commodities
US Accused of Manipulating Oil Prices for Personal Gain
Iran's Foreign Minister Abbas Araghchi has accused elements within the Trump administration of manipulating oil prices for personal gain. According to Araghchi, US government elements use 'gullible media' to influence energy prices and keep President Trump entangled in a losing war.
Araghchi claims that Iran's intelligence has uncovered significant efforts to manipulate energy markets. He also accuses Israel-aligned actors of promoting the war with optimistic assessments.
The Iranian minister believes that US consumers ultimately bear the consequences of these actions, feeling the impact on their bottom line.