Republicans Slam Biden for Allowing America’s Emergency Oil Reserves to Be Sent to China
American oil that the Biden administration released from the Strategic Petroleum Reserve (SPR) is being shipped to China.
American oil that the Biden administration released from the Strategic Petroleum Reserve (SPR) is being shipped to China.
The White House announced Tuesday that Biden would release 50 million barrels of oil from the reserve to combat high gas prices.
President Donald Trump said Friday at the White House that he would consider helping the oil industry, vowing to make sure that the United States remained oil independent.
Iran’s Supreme Leader Ayatollah Ali Khamenei said Tuesday there will be no one-on-one talks with Washington after Tehran was blamed for weekend attacks on Saudi installations that sent global oil prices soaring.
Global energy prices soared Monday after a weekend drone attack on key oil facilities in Saudi Arabia caused the worst disruption to supplies on record.