The administration of US President Joe Biden in the run-up to the election of the head of state fears that sanctions against Russia, Iran and Venezuela may lead to an increase in oil prices.
This is reported by The Wall Street Journal.
It is noted that the US authorities want to maintain stable gas prices, encouraging the flow of oil to world markets.
“This policy has led to softer than expected sanctions against major oil producers,” – stated in the material.
The article specifies that softer-than-expected sanctions against major oil producers “upset some Treasury Department officials.”
