Add as a preferred source on GoogleTrump Accuses Iran of Inventing Incidents to Push Oil Prices Higher
He linked the allegation to the U.S. midterm elections and claimed oil traffic through the Strait of Hormuz exceeded pre-conflict levels.
Donald Trump accused Iran of inventing attacks, mine-related incidents and other events to push oil prices higher, tying his allegation to tensions ahead of U.S. midterm elections.
In an Oct. 22 post, Trump said more oil was passing through the Strait of Hormuz than before the conflict began. He used the comparison to support his claim about Iran's motives. The post described alleged attacks, mine-laying and other events in broad terms, without naming a specific incident.
Trump also said Iran must never obtain nuclear weapons and asserted that it would not. He called Iran an evil regime and criticized what he portrayed as indifference from the world and Democrats. The timing made the midterm elections part of his stated explanation for the alleged effort to raise oil prices. Trump presented the accusation as relevant to both oil-market concerns and U.S. politics.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.