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![Watch live as Biden gives update on energy prices in the US](https://static.independent.co.uk/v2/media/UX9ysFvQ/poster.jpg?width=720)
00:00
Watch live as Biden gives update on rising energy prices
US President Joe Biden gives an update on energy prices after soaring cost of fuel has become a major political issue.
Biden has ordered a major release of oil from America’s strategic reserves in an effort to bring down high fuel costs.
180m barrels of oil will be released over six months, Biden has announced. This is the largest release since the reserve was created in 1974.
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