US and allies agree to release 60 million barrels of oil from their reserves as Russian invasion of Ukraine causes price spike

The US and its allies have agreed to a release of 60 million barrels from their reserves, the White House and International Energy Agency announced Tuesday, as leaders seek to dampen the effect of Russia's invasion of Ukraine on gas prices at home.  Half of that total -- 30 million barrels -- will come from the US Strategic Petroleum Reserve...