-- "My administration will be pursuing a global effort of ransomware attacks by transnational criminals who often use global money-laundering networks to carry them out," says U.S. President Joe Biden.
The temporary shutdown of the U.S. largest conduit for gasoline and diesel over the weekend has conspicuously triggered off a dire situation of triple predicament for the Joe Biden administration to cope with, which might escalate and deteriorate on the three fronts of fuel supply, energy development and cyber security if not addressed on urgent basis.
Fuel shortages have worsened across the U.S. East Coast as consumers continue panic buying amid the fallout from the cyberattack on the Colonial Pipeline last week. The national average for gas prices reached 3 U.S. dollars per gallon on Wednesday, the most expensive level since October 2014, according to FOX Business.