As Russia’s invasion of Ukraine threatens to roil international oil markets, President Joe Biden pledged Thursday to use every tool at his disposal to shield American consumers from higher gas prices.
“I know this is hard and that Americans are already hurting,” Biden said. “I will do everything in my power to limit the pain the American people are feeling at the gas pump.”
Biden spoke to reporters as the White House unveiled a series of sanctions administration officials said were designed to hammer Russia while avoiding harsh blowback on American consumers and businesses.
