The President of the United States Donald trump broke out his conflict with the world’s largest oil producers, as rising oil prices take their toll on us manufacturing and industry.
Mr. trump used Twitter to accuse of the organization of countries-exporters of oil to be “again” in a fresh verbal attack on Kartel, who he blames faster-than-expected recovery in oil prices.
The base price of oil rose from about $ 50 per barrel last summer to SIP $80 a barrel a few weeks ago.
Rising prices have a negative impact on heavy energy users in the US, where producer-price index increased 0.5 PC in may compared with a month earlier, according to the latest data from the U.S. Department of labor.
Sign up for free to read this article, or log in to your account the Telegraph