The Biden administration is dealing with simultaneous energy crises in Russia, where Ukrainian strikes on refineries intensify global concerns, and the Middle East, where tensions over potential conflicts in Gaza and Rafah threaten wider regional instability.
A twin crisis is unfolding for the administration as the Ukrainian military bombs key crude refineries deep within Russian territory with suicide drones. The administration has pleaded with the Ukranians to halt strikes on Russian energy infrastructure as this will only contribute to tightening global supplies and push energy prices higher, as well as inflation in the US, hurting Biden's re-election odds.
So, of course, the administration would march the clueless VP onto ABC yesterday to give Irasel a public warning about the consequences of launching a counteroffensive against Hamas in Rafah, because it's not entirely about the poor Palestinians, but the prospect of a much wider conflict that could send crude prices into parabolic trajectories, thus reigniting US inflation and continuing to weigh on re-election odds.
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