Biden could release oil reserves as Ukraine war grinds on

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Good morning, NBC News readers.
Today we look at plans to release up to 1 million barrels of oil a day from U.S. reserves to help consumers with rising prices, plus the latest on the fall-out from this week's Oscars dustup. Here's that and everything else we're watching this Thursday morning. |
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President Joe Biden is considering releasing around 1 million barrels of oil a day from U.S. reserves, to ease the effect of Russia's war in Ukraine on domestic consumers. The Biden administration is considering the move, a source familiar with the matter has told NBC News, as Russia's invasion of Ukraine grinds on into its sixth week. An announcement about the plan, which could see as many as 180 million barrels released overall, could come as soon as Thursday. Meanwhile, the White House has pledged an additional $500 million in direct aid for Ukraine, with Biden telling his Ukrainian counterpart, Volodymyr Zelenskyy, that aid was on its way during a nearly hourlong call Wednesday. Declassified U.S. intelligence has claimed that Russian President Vladimir Putin's senior advisers have been "too afraid to tell him the truth" about Russia's failures on the battlefield. And the head of British intelligence agency GCHQ said Putin "has massively misjudged the situation" in Ukraine and that his backup plan will be more attacks on civilian areas. Follow Thursday's live blog and NBC News Now for all the latest developments. |
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| The comedian said Wednesday he's not quite ready to joke about what happened when Will Smith slapped him Sunday. Meanwhile, the Academy says Will Smith refused to leave the Oscars ceremony after the slap incident. |
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| In a career that spans nearly 40 years, the actor constantly defied his doubters and pulled off comeback after comeback, surprising audiences with his range. |
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| | At least two confirmed tornadoes injured several people Wednesday, damaged homes and businesses and downed power lines in Mississippi and Tennessee. |
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| Russian immigrants are being pushed to take sides in this conflict and being punished for their views, says Sasha Vasilyuk, a Russian American writer. |
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| Vaccination rates for American Indians and Alaska Natives were some of the highest in the country, but tribes say resistance has slowed efforts to boost members. |
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Deciding between a down and down alternative duvet insert? Here's what experts told us to consider. |
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A rare Sumatran rhino was born at an Indonesian sanctuary in a win for the extremely endangered species, environmental officials said. The newborn Sumatran rhino's mother, named Rosa, gave birth to the female calf in captivity at the Sumatran Rhino Sanctuary in Indonesia last week. A highly endangered species, the World Wildlife Fund says only about 80 Sumatran rhinos are left. "The birth of the Sumatran rhino is good news amid the efforts of the Indonesian government and partners to increase the Sumatran rhino population," the director general of conservation at the environment ministry said. Read the full article here. |
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Thanks for reading the Morning Rundown. If you have any comments — likes, dislikes — send me an email at: patrick.smith@nbcuni.com.
If you're a fan, please forward it to your family and friends. They can sign-up here. Thanks, Patrick Smith |
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