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Brazil's Lula Slams Iran War As Oil Prices Cross $100, Calls Conflict Irresponsible
Posted
March 13, 2026
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March 13, 2026
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4:07Now PlayingLuiz Inacio ‘Lula’ da Silva, Brazilian president, warned that the “price of oil is spiraling out of control” during a press conference on Thursday in Brasilia. Lula said that the rise in oil prices “is largely caused by the irresponsibility of the wars we are experiencing in the world”, adding that “Brent went from 77 to 114, fell to 99, and today, at this moment, it is once again at $100 a barrel. This means an increase in fuel prices in all countries in the world including reports that in the United States, gasoline has already gone up by 20%.”
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