The real reason Joe Biden won't punish Iran
Fox News
A war in the Middle East has traditionally caused a spike in oil prices. While oil prices have been stable over the last year there's one obvious thing that could change that overnight.
He won’t do it. Why? Because he’s scared to death that hitting Iran’s oil fields or export facilities would drive global oil prices higher, and boost the cost of gasoline in the U.S. Gas at the pump might go back to $5 per gallon, a record reached in 2022; Biden, already a massively unpopular president, cannot tolerate that. Nothing drags down his approval ratings faster than skyrocketing prices at the pump; in an election year, he will do everything possible to make sure that doesn’t happen.
This, folks, is the elephant in the room.
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