US to release 172 million barrels of oil from strategic reserve: Energy department
Energy Department accuses Iran of threatening US energy security
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Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. File photo taken on April 21, 2020.
REUTERS
The United States Department of Energy said Wednesday it will release 172 million barrels from the strategic petroleum reserve "beginning next week," as the Middle East war disrupted oil prices.
The release would "take approximately 120 days to deliver based on planned discharge rates," the agency said in a post to X.
The post also accused Iran of manipulating and threatening "the energy security of America and its allies."
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