U.S., Britain set to agree on emergency oil stocks release

Associated Press
First lady Michelle Obama and Samantha Cameron, wife of British Primer Minister David Cameron, join with students participating in a mini-Olympics competition in celebration of the 2012 London Summer Olympics and Mrs. Obama’s Let’s Move! initiative, Tuesday, March 13, 2012 in Washington. At right is American decathlete and Olympic gold-medal winner Dan O'Brien. (AP Photo/Haraz N. Ghanbari)

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Britain is poised to cooperate with the United States on a release of strategic oil stocks that is expected within months, two British sources said, in a bid to prevent fuel prices choking economic growth in a U.S. election year. (Reuters Exclusive)

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