It has been reported that Joe Biden has decided to release 10 lakh barrels of crude oil daily from US reserves and is preparing to issue an order in this regard.
Washington:
Russia’s war on Ukraine has affected international crude oil supply. Because of this, the United States and its allies have been the hardest hit.
The rise in prices of petroleum products in these countries is worrying. In this context, US President Joe Biden is set to take action to reduce gas prices.
It is learned that he has decided to release 10 lakh barrels of crude oil daily from the country’s reserves and is preparing to issue an order in this regard.
White House sources in Washington say Joe Biden will issue an order at any time. Crude oil sold for $ 60 a barrel (about Rs. 4,500) last year. It is currently priced at $ 105 (approximately Rs. 7,875).
https://www.youtube.com/watch?v=videoseries