Chavez blames US foreign policy for soaring oil prices

Venezuelan President Hugo Chavez said U.S. foreign policy is in part responsible for soaring oil prices and predicted that crude will continue its upward spiral rapidly closing in on the 100 US dollars per barrel benchmark.

“Oil is headed for 100 US dollars” Chavez said. “And if the United States keeps threatening oil-producing countries or trying to destabilize us like they did in Iraq … the price of oil is going to continue rising”.
Chavez made his remarks following Washington