Monday, September 16, 2019

Trump approves release of U.S. oil reserves if needed



U.S. President Donald Trump has approved the release of oil from the country's Strategic Petroleum Reserve, after Saturday's attacks on Saudi Arabia's oil facilities. Trump said on Twitter the emergency supply will be used if needed in a quantity to keep the markets well-supplied. He also ordered to speed up approvals of oil pipelines currently under review across the country.