It was a variety of things tbh, but generally they were all out of anyone’s direct control.
Russia/OPEC price war, massive fluctuations in US VIX, supply shocks after the crude oil price inversion of 2020, sanctions after Russian invasion of Ukraine, logistics and distribution disruption… all contributed.
Not really. The primary factor was Russia’s invasion of Ukraine, which isn’t something Biden has control over
It was a variety of things tbh, but generally they were all out of anyone’s direct control.
Russia/OPEC price war, massive fluctuations in US VIX, supply shocks after the crude oil price inversion of 2020, sanctions after Russian invasion of Ukraine, logistics and distribution disruption… all contributed.