U.S. marshals other nations, challenges OPEC+ with release of oil reserves

  • Biden under political pressure as inflation picks up
  • OPEC+ meets on Dec. 2 but no sign of a change of tack
  • India, Britain detail contributions to oil release
  • China says it will release oil reserves according to its needs

WASHINGTON, Nov 23 (Reuters) – The administration of U.S. President Joe Biden announced on Tuesday it will release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain, to try to cool prices after OPEC+ producers repeatedly…

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