Bezos slams Biden over call for lowering of fuel prices

Bezos tweeted on Saturday night: “Ouch. Inflation is far too important a problem for the White House to keep making statements like this. It’s either straight ahead misdirection or a deep misunderstanding of basic market dynamics.”  Picture: AP Photo/John Locher

Amazon.com Inc. founder Jeff Bezos criticized a tweet from US President Joe Biden calling for oil executives to reduce fuel prices.

Bezos was responding to Biden’s criticism of companies running petrol stations and setting prices for consumers.