U.S. to release oil from reserves in coordination with other countries to lower gas prices

$Chevron(CVX.US)$ $Exxon Mobil(XOM.US)$ According to Barron:

"Shares in big oil companies were also down, with both Shell (ticker: RDSA.London) and BP ( BP.London) falling 0.8%, TotalEnergies (TTE.France) up 0.2%."

"Shares of U.S. major oil companies were also sliding in pre-trading hours, with Exxon Mobil (XOM) declining by 0.3%. Chevron‘s (CVX) stock price was stable."

Is this oil reserve gambit going to slow down inflation enough to keep the growth stocks in the green? Or was yesterday's drop just the beginning?