Putin Tells Trump to Blame Guy in the Mirror for High Oil Prices

  • Russia and OPEC helped restore balance to the oil market
  • U.S. sanctions on Iran are main cause of rising cost of crude
Saudi Output Nears Record as Oil Trades Close to 4-Year High
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Russian President Vladimir Putin said his American counterpart’s Iran sanctions are largely to blame for current high oil prices.

“President Trump considers that the price is high; he’s partly right, but let’s be honest,” Putin said at the Russian Energy Week conference in Moscow on Wednesday. “Donald, if you want to find the culprit for the rise in prices, you need to look in the mirror.”