Washington “will release additional barrels of oil when conditions warrant,” Biden said, noting that “Americans are already suffering.”
US President Joe Biden pledged on Thursday to release oil from the strategic reserve if necessary to protect consumers from the impact of rising prices.
Prices are on the rise due to Moscow’s invasion of Ukraine and the prospect that supplies from Russia will be affected.
Washington “will release additional barrels of oil when conditions warrant,” Biden said, noting that “Americans are already suffering.”
In addition, he advanced that the United States is working with allies in a “collective release of strategic oil reserves of the main countries