White House Confronts Oil Spike as 2 Wars Disrupt Pipelines, Refineries and Tankers

3 articles · Updated · POLITICO · Sep 14

Less than 2 months before the midterms, the White House sees few tools to curb a fresh oil-price surge that is threatening Republicans’ hold on Congress.
Two widening conflicts are deepening the energy shock: the Iran war shows little sign of ending, while fighting in Europe is also hitting fuel supply chains.
A key Saudi pipeline has been shut for weeks after an attack, an Iranian proxy has tightened control over a second global energy chokepoint, and tankers in the Strait of Hormuz are coming under fire.
Ukrainian strikes on Russian refineries are straining diesel production, adding to pressure already spreading through global energy markets and domestic fuel manufacturers.

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As simultaneous drone strikes and blockades choke global energy routes, what hidden tools can be deployed to prevent an unprecedented price shock?

With multiple vital energy chokepoints currently under siege, how high will fuel prices surge before international supply chains completely fracture?

If traditional naval escorts fail against modern proxy attacks, what radical strategies could secure the world's most vulnerable oil transit routes?