Why Bidens Iranian oil dilemma has major global energy stakes
President Joe Biden is facing a complicated Iranian dilemma in light of Hamas\u2019 attacks on Israel: clamp down on Tehran to cut off its money from oil exports and potentially provoke a spike in global energy prices. Manuel Qui\xf1ones, the congress editor of POLITICO\u2019s E&E News, breaks down the complicated factors behind Biden\u2019s decision and potential consequences. Plus, the Environmental Protection Agency withdrew its new cybersecurity mandates for water utilities issued back in March citing litigation against the measures.\n\nFor more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch\n\nAnd for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy\n\nCatherine Morehouse is an energy reporter for POLITICO and the host of the POLITICO Energy podcast.\nManuel Qui\xf1ones is the congress editor for E&E News. \nNirmal Mulaikal is a POLITICO audio host-producer. \nKara Tabor is an audio producer for POLITICO.\nGloria Gonzalez is the deputy energy editor for POLITICO. \nMatt Daily is the energy editor for POLITICO.