https://ift.tt/3x3rzxI India says 'no use' as US asks Asian giants to tap oil reserves

Oil prices slipped below their seven-year highs of $80 a barrel on Thursday after reports from Washington said the US has sought a co-ordinated release of strategic crude reserves by India, China, Japan and South Korea with a view to taming prices, a move New Delhi said was futile as it would have little impact.

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