The decision by OPEC+ to essentially let Brent crude rise above $80 per barrel , a four-year high, was met with outrage by U.S. President Trump. At the UN General Assembly, he denounced OPEC. “OPEC and OPEC nations, are, as usual, ripping off the rest of the world, and I don’t like it. Nobody should like it. We defend many of these nations for nothing, and then they take advantage of us by giving us high oil prices. Not good,” Trump said . “We want them to stop raising prices, we want them to start lowering prices, and they must contribute substantially to military protection from now on. We are not going to put up with it — these horrible prices — much longer.” It is unclear what he meant by that last sentence. He would seem to either being threatening some retaliation against OPEC members for not increasing […]

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