US Senate Democrats have slammed Donald Trump for not taking steps to lower oil prices, saying that the president’s decision to withdraw from the multinational Iran nuclear deal is a factor in increasing gas prices.
Senate Democratic Leader Charles Schumer held a press conference at a Capitol Hill in Washington, DC, on Wednesday to urge Trump to prod Organization of the Petroleum Exporting Countries (OPEC) to adopt measures to lower rising prices, Reuters reported.
Schumer said that gasoline prices had jumped 25 percent since Trump took office in January 2017. Trump’s major foreign policy blunders, such as imposing sanctions on Venezuela and walking away from the Iran nuclear deal, have helped fuel oil prices at a three-year high.
On May 8, Trump announced his decision to withdraw the United States from nuclear deal despite efforts by the European allies to convince him to stay in the 2015 agreement.
Trump also signed a presidential…