Ahmadinejad: "Nice little economy you have there..."

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This week, the terror of Tehran raises the spectre of higher oil prices:

TEHRAN, Iran - President Mahmoud Ahmadinejad said Wednesday that the crude oil prices now at record levels still were below their "real value," state-run Tehran radio reported.
In his first remarks on the current price of oil, the hard-line Iranian leader also said developed countries were benefiting most from the high prices.
"The global oil price has not reached its real value yet. The products derived from crude oil are sold at prices dozens of times higher than those charged by oil-producing countries," the radio quoted Ahmadinejad as saying.
He did not say what oil prices should be.

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This page contains a single entry by LB published on April 19, 2006 2:24 PM.

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