"Biden Administration Condemns Ukraine's Attack on Russian Oil Refineries"

US Defense Secretary Lloyd Austin criticized Ukraine's drone strikes on Russian oil refineries, warning of potential global energy implications and suggesting Kyiv focus on tactical targets instead. Washington's stance on the strikes was further confirmed by a US Department of State spokesperson, with concerns over rising oil prices and domestic unrest impacting President Joe Biden's re-election chances. Despite the ongoing munition shortage, Ukraine has continued its strikes in an effort to curb Russian oil revenues financing the war. However, some experts argue that the strikes are not the primary driver of rising oil prices, and suggest a restructuring of the price cap as a solution.