Trump authorizes release of US oil reserves if needed due to Saudi attacks

© ASSOCIATED PRESS
This image provided on Sunday September 15, 2019 by the US Government and DigitalGlobe and annotated by the source shows the damage to the infrastructure of Saudi Aramco's Abaqaiq oil processing facility in Buqyaq, Saudi Arabia. The Saturday drone attack against the Abqaiq factory in Saudi Arabia and its Khurais oilfield has resulted in the interruption of about 5.7 million barrels of production. kingdom's crude oil daily, accounting for more than 5% of the world's daily supply. (US Government / Digital Globe via AP)

WASHINGTON, Sept. 15 (Reuters) – US President Donald Trump cleared Sunday the release of oil from the US Strategic Petroleum Reserve (RSP), if necessary, in an amount to be determined due to the attack Saturday against Saudi oil facilities.

"On the basis of the attack against Saudi Arabia, which could have an impact on oil prices, I have authorized the release of oil from the strategic oil reserve, if necessary, to an amount to be determined enough to keep the markets well stocked. "Trump said on Twitter.

"I have also informed all appropriate agencies to expedite the approval of pipelines being licensed in Texas and in various other states." (Report by Arshad Mohammed, edited by Peter Cooney)