U.S. to Loan Up to 40 Million Barrels From SPR in Final Tranche of Global Oil Deal
The United States is preparing to loan up to 40 million barrels of crude from the Strategic Petroleum Reserve, completing the last batch of a broader international effort to cool fuel prices and stabilize energy markets. The move underscores how Washington is still relying on emergency stockpiles to manage inflationary pressure even as the reserve remains near its lowest level in decades.
