Fox News host and Daily Caller co-founder Tucker Carlson said Friday that Russian President Vladimir Putin is winning against President Joe Biden’s policies against Russia.

Carlson ripped White House press secretary Jen Psaki for saying Thursday that Putin and U.S. oil companies are to blame for rising oil and gas prices. He said the U.S. reaction to Russia’s invasion of Ukraine is the reason for the economy’s recent downward spiral.

“We were told it’s worth it, because this is a moral victory against Putin,” Carlson said. “And some people took solace in this. But you have to wonder how exactly is this a moral victory against Putin? Russia is a major oil producer, Jen Psaki said that in her interminable video a moment ago. That would mean that higher oil prices help Putin. They make Putin, and the Saudi’s, and the Venezuelans, and Iran much, much richer.”

“Why? Because Russia can still sell its oil in global markets. Because the world has not joined our boycott. It tells you that the loser in this policy is not Vladimir Putin, he’s the winner. It’s the United States.”