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US to Release 50 Million Barrels of Oil to Ease Energy Costs

US to Release 50 Million Barrels of Oil to Ease Energy Costs

President Joe Biden on Nov. 23 ordered 50 million barrels of oil released from the nation’s strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including China, India and the United Kingdom.


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23 November 2021, 16:30