Larry Kudlow, host of the Fox Business Network's 'Kudlow,' has stated that the recent increase in oil prices is due to issues in the Middle East, rather than any actions taken by Ukrainian President Volodymyr Zelensky towards Russia.
What happened
During a broadcast of 'Kudlow,' former Trump National Security Adviser Keith Kellogg expressed disagreement with the president's stance on the matter, saying that oil prices are not a result of Zelensky's actions in Russia. Kudlow concurred, emphasizing that the Middle East is the primary factor driving the price hike.
Kudlow noted that attempts at an energy ceasefire and overall ceasefire had been made, but were unsuccessful. He reiterated that the Middle East is the source of the issue, with no question about its role in the elevated oil prices.
