The United States and its allies plan to free up strategic oil reserves



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As oil prices rise, US President Donald Trump pleaded with Saudi Arabia and the Organization of Petroleum Exporting Countries (OPEC) to extract more oil.

If this does not help to contain prices, Western officials discuss another option, according to people close to the record: an emergency release of oil stocks around the world.

The US government is one of those who evaluate the use of their stocks, according to sources. The discussions are part of a broader effort to ensure that oil markets remain well stocked amidst a series of production disruptions around the world in exchange for oil and gas. increased global demand.

However, the possible reduction of the US Strategic Oil Reserve (SPR) is not imminent. According to some sources, some veterans of the asset strongly oppose this idea

Source: Value

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