Biden Threatens OPEC+ With Undisclosed "Tools"

"There are other tools in the arsenal that we have to deal with other countries at an appropriate time," President Biden said this weekend, referring to OPEC+ and its refusal to boost crude oil supply in response to repeated calls from Washington to that tune. The mentioning of "tools in the arsenal" came in response to a question about whether Washington was considering the release of some crude from the Strategic Petroleum Reserve as a means of reining in retail fuel prices. "I'm not anticipating that OPEC would respond, that Russia and/or Saudi…