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US releasing 50m barrels of oil from reserves

Al Jazeera, 23 Nov 2021
The White House says it is releasing 50 million barrels of oil from its strategic reserves. This is part of a coordinated effort with several nations to curb soaring fuel prices.
The Biden administration has come under increasing pressure to act, with petrol prices more than doubling compared with a year ago.
China, India, South Korea, Japan and the United Kingdom are also releasing oil from their reserves.

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