President trump: “Oil prices are coming down..because of me” – BBC News

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President trump: “Oil prices are coming down..because of me” – BBC News
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President trump: “Oil prices are coming down..because of me” – BBC News
Okay, so what point we opposed just recently the strongest sanctions in the history of our country. Just about all, I guess North Korea is there too, but I gave some countries brake on the oil. I did it a little bit because they really ask for some help, but I really did it because I don’t want to drive or oil prices up to $ 100 a barrel or $ 150 a barrel, because I’m driving I’m down. If you look at it prices, they come down very substantially over the last couple of months. That’S because of me cuz, you have a Monopoly, called OPEC and I don’t like weight and I don’t like that Monopoly. I don’t like it, and oil prices are coming down. So, rather than deciding to be as tough as I am on most of the sanctions, what I’ve done is, I said: we’re not going to do it that way, we’re going to let some of the you I’ll go out to these countries that really do need it, Because I don’t want to drive the oil prices 100 or $ 150 about which could happen very easily, it’s a very fragile Market, very, very fresh. I know it very well and it’s the absolute right decision and they’ll get tougher as time goes by. Maybe but I don’t want to have any effect on oil prices worldwide, where I drive them up, because I consider that to be a text and I don’t like taxes.
Trump on Iran sanctions, as , the his administration has granted temporary exemptions to eight countries to continue importing Iranian oil – China, India, Italy, Greece, Japan, South Korea, Taiwan and Turkey.

This is significant as China and India are among Iran’s largest trading partners.
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