Fairly recently the Biden White House settled on a “Putin’s price hikes” spin as an attempted cover for spiking inflation and gas prices (many in the media were of course happy to help):
This was the White House spin after a report about the February inflation rate:
At the same time, today’s inflation report is a reminder that Americans‘ budgets are being stretched by price increases and families are starting to feel the impacts of Putin’s price hike. A large contributor to inflation this month was an increase in gas and energy prices as markets reacted to Putin’s aggressive actions. As I have said from the start, there will be costs at home as we impose crippling sanctions in response to Putin’s unprovoked war, but Americans can know this: the costs we are imposing on Putin and his cronies are far more devastating than the costs we are facing.