Iran General NewsObama: Harsh U.S. rhetoric on Iran boosting oil

Obama: Harsh U.S. rhetoric on Iran boosting oil

-

ImageReuters: Democratic presidential candidate Barack Obama said on Monday that harsh U.S. rhetoric toward Iran appeared to be contributing to the surge in oil prices and that a calmer approach might help soothe the markets.

ImageST. LOUIS (Reuters) – Democratic presidential candidate Barack Obama said on Monday that harsh U.S. rhetoric toward Iran appeared to be contributing to the surge in oil prices and that a calmer approach might help soothe the markets.

Obama was asked in a news conference about some ways that the United States could help reduce the price of oil in the short term.

The Illinois senator listed some of his energy proposals such as a plan to rein in excessive speculation in the energy markets.

"There are some geopolitical issues that affect the price of oil," he added. "So for us to ratchet down the rhetoric when it comes to Iran, for example, and engage in tough, principled diplomacy, as I've called for, might calm the markets down."

(Reporting by Caren Bohan)

Latest news

Special Industries of Iran’s Government Are Drying Up the Country

Iran’s environmentalists and government experts know one of the reasons which they say is responsible for the water shortage...

Oil Bartering Reveals the Real Situation of Iran’s Government

According to economic observers, the Iranian regime's economy is facing impasses from any directions, on the one hand, the...

Western Officials in Shock Over the Illegal Execution of a Juvenile Offender in Iran

On November 24, Iranian prisoner Arman Abdolali was executed despite an international campaign to save his life as he...

Increasing Stagflation in Iran’s Brokerage Government

Iran's economy has been on a death road for years due to widespread government interference. An economy that due...

Universal Jurisdiction Is the Only Way To Hold the Iranian Regime Accountable for Their Crimes

Today it is widely known that the Iranian regime is desperate to cover up their malign activities, and especially...

Iran Faces a Serious Nuclear Stalemate

With the start of the International Atomic Energy Agency (IAEA) Governing Council meeting and the Vienna, nuclear talks resumed,...

Must read

Iran’s president scoffs at Western sanctions

AP: Iran's president claims his country can make much...

Iran missiles pose grave threat: US

AFP: The US said today that Iran's missile program...

You might also likeRELATED
Recommended to you