September 17, 2019 / 6:16 PM / a month ago

Trump does not see oil reserve release after Saudi attacks

U.S. President Donald Trump walks to address the media before boarding Marine One for a trip to New Mexico, on the South Lawn of the White House in Washington, U.S., September 16, 2019. REUTERS/Sarah Silbiger.

ABOARD AIR FORCE ONE (Reuters) - U.S. President Donald Trump said on Tuesday he did not think it would be necessary to release oil from the Strategic Petroleum Reserve after attacks on Saudi oil facilities, saying oil prices have not spiked very much.

He added he was prepared to release the oil reserves, but told reporters: “I don’t think we need it.”

Reporting by Jeff Mason; Writing by Makini Brice; Editing by Chizu Nomiyama

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