The Biden administration has asked China to consider the possibility of releasing reserves of crude oil in an effort to meet supply demands, the White House said on Thursday. White House press secretary Jen Psaki said in a press conference that members of Biden’s national security team have “discussed with a range of countries, including China, the need to meet the supply demands out there.” “But that is an ongoing conversation and one we’re having with a number of partners,” Psaki told reporters. Other major consumers that the administration has allegedly held such discussions with include India, Japan, and South Korea, Reuters reports, citing several people familiar with the requests. Biden raised the issue of releasing crude oil stocks during a virtual meeting with Chinese leader Xi Jinping on Tuesday, Bloomberg reports. A spokeswoman at China’s National Food and Strategic Reserves Administration told Bloomberg that “the bureau is carrying out crude oil release …


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