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Trump to Refill SPR if Elected

OIL

Republican presidential candidate Donald Trump says that he will fill up the US SPR if elected in November, Reuters said.

  • "I was filling that up at levels that they've never seen before. We have to fill up the strategic reserves immediately," he said in an interview with Fox News, cited by Reuters
  • Under current President Joe Biden, the White House has increased purchasing of crude oil to replenish the SPR after historic sales from the stockpile in 2022 to ease supply following Russia’s invasion ok Ukraine.

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