So we had a G7 finance ministers meeting on Monday where it was discussed, energy meeting, ministers meeting yesterday, and then, excuse me, Tuesday. And then yesterday I was in the Oval with the President for the leaders meeting and The leaders confirmed that it would in fact be a 400 million barrel release, which is the largest in history. Yeah, I fully accept that the news of a potential release brought prices down from their peak, but clearly we're still up 50% or so from where we started the year. (22:31–22:39)
CLAIM
Asserts that a 400 million barrel release from strategic reserves was confirmed, the largest in history.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.