The Biden administration will come under considerable pressure from domestic politics around the Israel-Hamas conflict, and with the 2024 election coming, this pressure will intensify regarding how far they can go supporting Israel without causing themselves political problems, with the energy situation not yet being particularly worrying since markets haven't seen serious crisis like immediately after Russia's Ukraine invasion.
forecastpending
Speaker
Helen ThompsonEvidence Quote
“Biden administration is going to come under considerable pressure... with an election next year, that is going to intensify that pressure... we're not seeing a serious crisis in the energy markets... in a way in which we did pretty much immediately on Russia's invasion of Ukraine.”
Source
Helen Thompson: "The Complex History of Energy and Geopolitics" | The Great Simplification #98— Nate HagensCreated: 8/12/2026, 6:08:12 PM
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