US President Joe Biden and counterpart Xi Jinping met by video link for the first time on Tuesday. Photo: Bloomberg
US President Joe Biden and counterpart Xi Jinping met by video link for the first time on Tuesday. Photo: Bloomberg

exclusive | US asks China to release oil reserves as part of discussions on economic cooperation, source says

  • The issue of China joining the United States in releasing crude oil reserves was raised during virtual the meeting between Xi Jinping and Joe Biden
  • The Biden administration is under growing domestic pressure to consider releasing strategic oil reserves after a recent surge in US inflation

Topic |   US-China relations
US President Joe Biden and counterpart Xi Jinping met by video link for the first time on Tuesday. Photo: Bloomberg
US President Joe Biden and counterpart Xi Jinping met by video link for the first time on Tuesday. Photo: Bloomberg
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