… market moving, there's Iranian oil that's out in the water right now about 140 million barrels. The Saudis have supplies stored around the world that they can release. And then The global spro release largest ever was 400 million barrels. Is there any scenario which the White House or Treasury would extend that waiver on Russian oil from 30 days to something longer? (06:00–06:06)
CLAIM
Asserts that the largest global strategic petroleum reserve release was 400 million barrels.
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