WASHINGTON (Reuters) -The Trump administration has no imminent plans for refilling the nation’s Strategic Petroleum Reserve, White House spokeswoman Karoline Leavitt said on Thursday. The emergency oil reserve is currently at its lowest levels since the 1980s after President Joe Biden tapped the stockpile to help lower prices amid market uncertainty. (Reporting By Nandita Bose […]
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Trump administration has ‘no imminent plans’ to refill nation’s emergency oil reserve
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WASHINGTON (Reuters) -The Trump administration has no imminent plans for refilling the nation’s Strategic Petroleum Reserve, White House spokeswoman Karoline Leavitt said on Thursday.
The emergency oil reserve is currently at its lowest levels since the 1980s after President Joe Biden tapped the stockpile to help lower prices amid market uncertainty.
(Reporting By Nandita Bose and Jarrett Renshaw; Editing by Chris Reese)