Depleted oil reserve leaves US exposed as Iran war pushes up prices
Donald Trump has not fulfilled a vow to refill the Strategic Petroleum Reserve that was drained by Joe Biden
Donald Trump has not fulfilled a vow to refill the Strategic Petroleum Reserve that was drained by Joe Biden

Trump administration holding ‘no discussions’ about using stockpiles to soothe energy markets

Administration has failed to douse surge in fuel costs as Middle East turmoil deepens

Costs at the pump exceed level at the end of the Biden administration

Foreign sales could push up US petrol prices and increase political pressure on Trump administration to curtail exports

US president tells the FT he is considering seizing strategic Kharg Island even as negotiations continue

Donald Trump continues to play up prospect of deal with Iran, saying they are ‘talking sense’ in negotiations with the US