Bezos slams Biden appeal for lower gasoline prices ...Middle East

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Bezos slams Biden appeal for lower gasoline prices
NEW YORK: Amazon founder Jeff Bezos has criticized President Joe Biden for calling on oil companies to lower sky-high gasoline prices, prompting the White House to come to the US leader’s defense on Sunday.“My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril,“ Biden tweeted Saturday.“Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now,“ Biden added.Bezos said Biden’s remarks amounted to “either straight ahead misdirection or a deep misunderstanding of basic market dynamics.”“Ouch. Inflation is far too important a problem for the White House to keep maki

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