IEA to hold emergency meeting following historic US oil release
CNN
The International Energy Agency is planning to hold an emergency meeting Friday, a person familiar with the matter confirmed to CNN, setting the stage for other nations to follow the United States' lead in releasing oil from emergency reserves.
After announcing a record release of 180 million barrels of oil, US President Joe Biden said Thursday other countries could release as many as 30 million to 50 million barrels of oil. That would be in addition to the historic US release.
"The higher the number, the more likely the prices come down," Biden told reporters.
Senate Democrats have confirmed some of President Joe Biden’s picks for the federal bench this week in the face of President-elect Donald Trump’s calls for a total GOP blockade of judicial nominations – in part because several Republicans involved with the Trump transition process have been missing votes.
Donald Trump is considering a right-wing media personality and people who have served on his US Secret Service detail to run the agency that has been plagued by its failure to preempt two alleged assassination attempts on Trump this summer, sources familiar with the president-elect’s thinking tell CNN.