President Joe Biden is looking for a ‘sugar hit’

University of Sydney’s Professor Simon Jackman says President Joe Biden is looking for a domestic “sugar hit” amid the politics surrounding the historic oil reserve release.

It comes as President Joe Biden announced plans to release up to one million barrels of oil a day from the strategic reserve to curb inflation affected by the war in Ukraine.

Mr Jackman said the release of oil reserves is all about politics.

“Biden’s numbers are still, they haven’t moved an inch,” he told Sky News Australia.

“Those domestic, economic issues are his big drama at the moment.”

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