The US and its allies have agreed to a release of 60 million barrels from their reserves, according to two sources familiar with the decision, 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, and the other half will come from allies in Europe and Asia. Those other allies include Germany, the United Kingdom, Italy, the Netherlands and other major European countries, as well as Japan and South Korea.

The invasion of Ukraine has driven concerns about a supply disruption from