US Strategic Petroleum Reserve Not Tapped Amid Hormuz Crisis

Despite rising fuel prices, the US Strategic Petroleum Reserve is reportedly not being utilized to ease costs during the current phase of the Hormuz crisis.

31 Jul, 11:18 — 31 Jul, 11:18

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bloombergHigh30d ago

US Strategic Petroleum Reserve Won’t be Tapped to Ease Prices in War’s New Phase

Fuel prices are rising but the Strategic Petroleum Reserve may not play a role in this phase of the Hormuz crisis.

By Ari Natter and Lucia Kassai

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US Strategic Petroleum Reserve Not Tapped Amid Hormuz Crisis

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US Strategic Petroleum Reserve Won’t be Tapped to Ease Prices in War’s New Phase

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