Commodities 2024: Global crude supplies seen giving Biden wiggle room on oil sanctions
December 30, 2023 Comments Off
US gasoline prices in 2024 will be a factor in any Biden administration decision to tighten oil-related sanctions in an election year when prices at the pump could sway voters, but there are enough global oil supplies to give the US some leeway to take action regarding Russia, Iran and Venezuela, experts say. Increased US oil production has boosted global…
Commodities 2024: Global crude supplies seen giving Biden wiggle room on oil sanctions
US gasoline prices in 2024 will be a factor in any Biden administration decision to tighten oil-related sanctions in an election year when prices at the pump could sway voters, but there are enough global oil supplies to give the US some leeway to take action regarding Russia, Iran and Venezuela, experts say. Increased US oil production has boosted global…
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