As soaring gasoline prices fuel the discontent of American voters, the White House strives to push prices down. US President Joe Biden pledged to use every available tool to solve this problem. “In the United States, I’m using every lever available to me to bring down prices for the American people. Our nations are working together to stabilize global energy markets, including coordinating the largest release from global oil reserves in history,” Biden said.
According to Joe Biden, the international community must find long-term solutions and work together to resolve the global fuel crisis. In late March, the US President blamed Russia for skyrocketing gasoline prices, stating that the “Putin’s price hike” hit Americans at the pump.