Business

War: How Biden wasted US strategic oil reserves – Aja claims

Keep up with latest news and be part of our weekly giveaways and airtime sharing, follow our WhatsApp channel for more update. Click to Follow us

According to financial analyst Kalu Aja, during his time in the White House, President Joe Biden squandered the nation’s oil reserves.

This was revealed by Aja on Saturday in a statement posted on his official X Twitter.

His comments coincide with the Middle East’s growing conflict.

According to ZINGTIE, the confrontation escalated following Iran’s recent firing of hundreds of missiles towards Israel.

Due to shortages in supply, tensions in the oil-rich region had contributed to the rise in crude oil prices.

As a result, on Friday, the mixes of crude oil from Nigeria and Brent surged beyond 78 dollars a barrel.

In response to the event, Aja stated that any global crisis that drives up oil prices or causes a disruption in the flow of oil presents a serious danger to the US.

“Biden wasted the strategic oil reserves of the US, any International crisis that raises oil prices or causes a stoppage of oil will be disastrous to the US”, he said.

The US 2024 election began with Donald Trump and Kamala Harris competing for American votes, as the unrest in the Middle East persisted.

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it. 
Drop your comment in the section below, and don’t forget to share the post.

Jonathan Nwokpor

Recent Posts

BREAKING: IGP withdraws invitation to Emir Sanusi

Keep up with the latest news and be part of our weekly giveaways and airtime…

7 hours ago

Police send strong warning against planned April 7 nationwide protest

Keep up with the latest news and be part of our weekly giveaways and airtime…

7 hours ago

Fallout of APC primaries: Chieftain Ibezi dumps party

Keep up with the latest news and be part of our weekly giveaways and airtime…

7 hours ago

2027: No vacancy in Aso Rock, Kaduna Govt House – Zango Kataf APC

Keep up with the latest news and be part of our weekly giveaways and airtime…

8 hours ago

Anambra guber: Ukachukwu floors Ozigbo to emerge APC flag bearer

Keep up with the latest news and be part of our weekly giveaways and airtime…

8 hours ago

Gov Otu discloses the plan of APC for Anambra

Keep up with the latest news and be part of our weekly giveaways and airtime…

8 hours ago