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Bloomberg

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

Friday, July 31, 2026


The U.S. Strategic Petroleum Reserve will not be used to address fuel price increases during the current phase of the Hormuz crisis, according to available statements on the matter.

Original reporting: https://www.bloomberg.com/news/newsletters/2026-07-31/us-strategic-petroleum-reserve-won-t-be-tapped-to-ease-prices-in-war-s-new-phase

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