U.S. President George W. Bush will express American concerns about soaring oil prices when he visits Saudi Arabia next week, White House spokesman Scott Stanzel said Monday.
"Whenever the president has discussions with leaders in the region, he talks about the impacts that high oil prices do have on our economy and the impact that then has on the world economy," Stanzel told reporters.
Bush is due to visit Israel, Egypt and Saudi Arabia from May 13-18 in a new effort to push forward the Middle East peace process.
Saudi Arabia is a key ally of the United States in the Middle East. During his trip to the kingdom in January, Bush urged the Organization of Petroleum Exporting Countries to increase production to bring down soaring oil price.
Crude oil futures reportedly pass 120 U.S. dollars a barrel for the first time on supply concerns, which aroused worries about inflation.
Source:Xinhua
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