Oil-price surge tests White House as energy markets reel from global conflict
TL;DR Summary
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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