June 17 (Reuters) - The Biden administration is ready to release more oil from the U.S. strategic stockpile to stop any jump in petrol prices this summer, the Financial Times reported on Monday.
Senior Biden adviser Amos Hochstein told the newspaper that oil prices are "still too high for many Americans” and he would like to see them “cut down a little bit further”. (Reporting by Gursimran Kaur in Bengaluru; Editing by Kim Coghill)
