The US Department of Energy announced its intention to sell more than 40 million barrels of oil from strategic reserves

“As part of this notice to sell strategic oil reserves, it is proposed to release up to 39 million barrels of sour oil and 1.1 million barrels of low sulfur oil, for a total of 40.1 million barrels,” TASS said in a statement.

Earlier, the American Automobile Association reported that the cost of gasoline in the US reached an all-time high ($4,598 per gallon of fuel).

On May 17, a member of the US House of Representatives, Rick Allen, said that the rise in fuel prices in the country was not related to the actions of the Russian authorities, but to the policies of President Joe Biden and his administration.