U.S., China and others to tap oil reserves to rein in inflation

Nikkei Asia | Nov. 23, 2021, 5:05 p.m. | Original

WASHINGTON/TOKYO -- The U.S. on Tuesday announced it will release 50 million barrels of oil from the country's strategic reserve, urging China, Japan and others to make similar moves to stabilize gasoline prices amid a rally in crude oil.

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