Monday, 3rd October 2022
<To guardian.ng
Search

Biden orders largest-ever release of US oil reserves

By France24
03 April 2022   |   11:11 am
US President Joe Biden has ordered the release of 180 million barrels of oil from the country's Strategic Petroleum Reserve. It's the third such move in six months, but the biggest amount on record, in an effort to lower soaring petrol prices. Also in the show: the EU faces a potential shortage of natural gas as Vladimir Putin doubles down on his demand for payment in roubles, and inflation in France hits its highest level since 1997.

Related

12 Jun
The vote by lawmakers in the Democratic-majority House follows mass shootings in Uvalde, Texas, and Buffalo, New York. The measure is unlikely to pass in the Senate.
12 Jun
The US president has outlined a new plan for economic cooperation with Latin America amidst rising Chinese influence in the region. He is also expected to present a new plan for regional migration issues.
12 Jun
The American and Brazilian presidents spoke on the sidelines of the Americas Summit, with Jair Bolsonaro trying to breathe life into his re-election campaign and Joe Biden keen to have something to show for his event.
13 Jun
Almost 10 months ago, Afghanistan fell into the hands of the Taliban. The hardline Islamists' return to power led to a mass exodus of the Afghan population, with the US taking in some 78,000 refugees. California received the largest number, followed by Texas, where some 10,500 Afghans are already calling the Lone Star State home. Texans are proud to welcome them, as our correspondents report.
14 Jun
The 8.6% yearly increase is the biggest since 1981. President Biden's efforts to stem the tide are having little effect as the impact of Russia's invasion of Ukraine continues to hit global economies.
17 Jun
At rallies held across the US, protesters had one message for lawmakers: They have had enough. Protesters called for stricter gun laws following another spate of mass shootings.
19 Jun
In a bid to reassert US influence in Latin America and counter Chinese influence, Biden signed a new pact to take more laborers and offer greater humanitarian assistance to migrants.
15 Jun
The US Defense Secretary said Chinese military activity around the self-governing island threatened to change the status quo. Lloyd Austin said Washington would continue to stand by Taiwan at an event in Singapore.
13 Jun
Starting on Sunday, international passengers flying to the United States will no longer have to present a negative COVID-19 test before boarding the plane.
14 Jun
The Yellowstone National Park was closed down for the first time since 1988 due to torrential rains, flooding and melting snow. The park was just opening for the summer tourist season.
14 Jun
Former US President Donald Trump's closest advisors and family described the effort to push election lies. His former Attorney General William Barr at one point said he was "detached from reality" in Monday's hearing.
17 Jun
Joe Biden is set to travel to Israel on July 13 before heading to the occupied West Bank and Saudi Arabia. The trip's announcement comes despite pledges to side-line the "pariah" Saudi state.