HomeloansUS Loans 53 Million Oil Barrels to Ease Market Fears

US Loans 53 Million Oil Barrels to Ease Market Fears

The Trump administration said on Monday it will loan energy companies 53.3 million barrels of crude from the U.S. Strategic Petroleum Reserve as part of a global agreement to calm oil markets that have spiked ‌on the U.S.-Israeli war with Iran.
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