According to the United States Department of Energy, Donald Trump has authorized the release of 172 million barrels of oil from the Strategic Petroleum Reserve as part of a multilateral effort to stabilize global energy markets.
The oil is expected to begin flowing next week and will take roughly 120 days to fully deliver.
The release represents over 40% of the current crude supply held in the U.S. Strategic Petroleum Reserve.
The oil is expected to begin flowing next week and will take roughly 120 days to fully deliver.
The release represents over 40% of the current crude supply held in the U.S. Strategic Petroleum Reserve.
11❤️1