Picture from Wednesday of US Energy Secretary Chris Wright speaking at a panel debate. The US plans to begin the release of 172 million barrels of oil next week in an attempt to lower oil prices, he announces. (Archive photo). Photo: Anna Moneymaker/Ritzau Scanpix
US to release 172 million barrels of oil next week
US Energy Secretary Chris Wright announced that the United States will release 172 million barrels of oil from its strategic reserve to lower prices spiked by Middle East attacks. This contributes to a 400-million-barrel release coordinated by 32 IEA member states. Starting next week, the...
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