See What People Are Saying About... Iran's Oil Comments


World oil prices are overvalued and "not realistic" because the market is being manipulated, Iranian President Mahmoud Ahmadinejad said in an exclusive interview with NBC News

"The market should be free and these commodities should compete in a free setting," Ahmadinejad told NBC's Brian Williams in a taped interview in Tehran. "At the moment, the situation is not realistic."

Oil has fallen over $23 from a record high of $147.27 on July 11, pressured by signs that record-high prices and slowing economies are curbing demand.

Dealers said prices could still head lower for now.

That leads to our Fast Money Reader Poll. Do you agree with Iran's president? Tell us in an e-mail

Got something to say? Send us an e-mail at and your comment might be posted on the Rapid Recap! Prefer to keep your comments private? Send those questions and comments to