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MNI POLITICAL RISK ANALYSIS – US Daily

US
  • 13:30 ET 18:30 GMT: President Biden is expected to announce a significant release of oil from the US strategic petroleum reserve.
  • US officials continue to maintain that Russia’s invasion of Ukraine has been a ‘strategic blunder.’ White House communications director Kate Bedingfield presented declassified intelligence related to Russia suggesting that Russian president Vladimir Putin is being misinformed on the war.
  • 25 senators have written to US national security adviser Jake Sullivan urging the White House to help Ukraine win the war against Russia.
  • April 6: Rep. Diana DeGette (D-CO) has confirmed that executives from Chevron, ExxonMobil, BP, Shell, Devon Energy, and Pioneer Natural Resources will testify to the House Energy and Commerce Oversight and Investigations Subcommittee on 'price gouging.'
  • The Senate is still struggling with the bill to ban oil imports from Russia and revoke the preferred trade status of Russia and Belarus.
  • Republican Senator Susan Collins (R-ME) has said she will support the nomination of Judge Ketanji Brown Jackson, all but assuring her confirmation to the Supreme Court.
  • See the full note here: https://marketnews.com/mni-political-risk-analysis-us-daily-brief-31-03-22
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