Business October 16, 2026 at 4:01 PM

US seeks bids to exchange 17 million barrels of crude from strategic reserve

TOI Business

The United States plans to release 17 million barrels of crude oil from its Strategic Petroleum Reserve. This action aims to alleviate fuel price pressures amid disruptions caused by the war with Iran.

Excerpt from TOI Business.

Read the full story at TOI Business

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