Release Of Oil Reserves Will "Make A Difference": Joe Biden

"It will take time but before long you should see the price of gas drop," said US President Joe Biden in a White House speech.

President Joe Biden said Tuesday that the release of strategic oil reserves by the United States and other major consumers will "make a difference" for Americans anxious about fuel prices.

"It will take time but before long you should see the price of gas drop," the president -- who has seen his popularity sink amid a surge in fuel prices and overall inflation -- said in a speech at the White House.

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