Biden’s twin adversaries: Iran and gas prices

News Snapshot:

After US military forces helped Israel bat down a barrage of some 300 Iranian missiles and drones on April 13, Biden reportedly urged Israeli Prime Minister Benjamin Netanyahu to “take the win.” Since the Iranian strike did little damage, Biden stressed, there was no need to retaliate. Biden himself would surely like to take the win. The Iranian onslaught, fired after Israel killed several Iranian militants in Syria on April 1, showcased America’s technical wizardry and left financial markets intact. Oil prices rose in anticipation of the Iranian strike, as American officials warned it was coming. But they stabilized after...