‘Obama blames economic woes over tensions with Iran’ (Instead of the Federal Reserve)

Press TV

US President Barrack Obama has blamed rising oil prices on tensions with Iran, as America is hit with high gas prices and the government is forced to use its reserves, Press TV reports.

“Obama is trying to sweep everything under the carpet and say, well, the situation with Iran has led to such high prices,” said Nader Mokhtari, columnist and political commentator, on Friday.

Obama made the anti-Iran comments in response to Republican criticism of his energy policies, adding that demand from China, India and other emerging economies, as well as Wall Street speculation, has contributed to soaring prices at the pump.

Mokhtari added that Obama is avoiding the genuine problems within the US economy, focusing instead on his reelection campaign in the upcoming presidential elections.

“And so he’s gone back to the old technique of blaming foreign factors for his failure; but his slippery little friends in AIPAC I’m sure put him up to this and they are also hoping that keeping the market indices high just long enough for him to get through the elections to get him reelected,” Mokhtari added.

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