Nov 24 2021 - 14:57
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US to tap into strategic oil reserve in face of skyrocketing prices - [REPORT]

President Biden ordered the release of 50 million barrels of oil to be released Lebanon, news ,lbci ,أخبار Oil, OPEC,USA,President Biden ordered the release of 50 million barrels of oil to be released
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Lebanon News

President Biden ordered the release of 50 million barrels of oil to be released from the Strategic Petroleum Reserve, an emergency stockpile for the US.

 

The USA and five other world powers are set to tap into their national oil stockpiles in a bid to tamp down the skyrocketing gas prices, which annoyed consumers around the world, and after OPEC+ repeatedly ignored demands for more crude.

 
 

 

To watch full report, please click on the video above.

 

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