Oil price rise is 'fake', says Ahmadinejad
Iran: Tuesday, June 17 - 2008 at 12:01
Iran's president Mahmoud Ahmadinejad on Tuesday said oil prices are being controlled by 'invisible hands' in a 'fake way' for political and economic reasons, reported Reuters. Speaking at an OPEC meeting, Ahmadinejad said the price rise is 'completely fake and imposed' because it is occurring at a time when 'the market is full of oil and the growth of consumption is lower than the growth of production'.
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Jeff Florian, Senior ReporterTuesday, June 17 - 2008 at 12:01 UAE local time (GMT+4)
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