The US has announced it will release 50 million barrels of oil from its strategic reserves, in coordination with several major consumer nations including China and India.
It's not clear how effective the move will be in curbing rising energy prices, amid uncertainty over demand due to a spike in Covid cases in Europe.
Plus, anger rises in Turkey as the lira suffered its worst one-day plunge against the US dollar in years, following the latest cut in interest rates.
