The US is planning to release 50 million barrels of oil from its strategic reserve, with other nations following suit. Photo: AFP
The US is planning to release 50 million barrels of oil from its strategic reserve, with other nations following suit. Photo: AFP

How rising oil prices could open rare window of cooperation between the US and China

  • Washington is planning to release oil from its strategic reserve in coordination with other nations to keep down prices – a plan that could involve Beijing
  • The impact of soaring energy costs could spur the world’s two biggest economies to make common cause in an effort to force OPEC+ to boost supplies

Topic |   US-China relations
The US is planning to release 50 million barrels of oil from its strategic reserve, with other nations following suit. Photo: AFP
The US is planning to release 50 million barrels of oil from its strategic reserve, with other nations following suit. Photo: AFP
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