The US holds strategic fuel reserves.
(Photo: dpa)
Washington The US is apparently considering releasing up to 180 million barrels of oil from national emergency reserves over several months. According to two people familiar with the matter, the measure is intended to reduce fuel prices, which have risen sharply since Russia invaded Ukraine.
According to the insiders, the US plans to make one million barrels of oil available per day. The move is an attempt to control oil prices, which have soared to over $100 a barrel due to high global demand. The US news channel CNN had previously reported on the US government’s plans.
More: The federal government gets respect for its decisive action during the war. But the dependence on Russia causes bewilderment.
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