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Joe Biden authorizes release of 1 Million barrels of oil per day from US strategic reserve for six months

Shortpedia

Content Team
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In order to keep oil prices under control, US President Joe Biden on Thursday (local time) announced to release of one million barrels of oil per day from the country's strategic petroleum reserve for the next six months. The US, EU and other nations barred imports of Russian oil and gas over the country's ongoing invasion of Ukraine.