Oil-price surge tests White House as energy markets reel from global conflict
TL;DR
Rising oil and diesel prices driven by wars in the Middle East and Europe are squeezing consumers and constraining the White House’s options ahead of the midterms, with oil around $109 a barrel, diesel at a record $6.23 per gallon, and regular gas at $4.32. Disruptions include a Saudi pipeline outage, an Iranian proxy gaining hold at a key energy chokepoint, Ukrainian strikes on refineries, and Straits of Hormuz tensions, leaving the administration with few quick solutions.
- ‘Not too much they can do about it’: Frustrated White House faces spiking oil prices Politico
- Gas Prices Could Cost Republicans the Midterms The Atlantic
- High Prices Spoil Trump’s New Push to Save G.O.P. Majority The New York Times
- With 50 Days to the Midterms, It All Might Come Down to One Thing WSJ
- CNN’s Harry Enten Declares Spike in Gas Prices is ‘Killer Stuff’ for Republicans Hoping to Keep Majority Yahoo
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