Washington, March 10 (IANS) Democratic lawmakers in the United States sharply criticised President Donald Trump’s war with Iran as gasoline prices surge nationwide, urging the White House to release oil from the Strategic Petroleum Reserve to ease pressure on American families.Oil prices have climbed into triple digits for the first time in four years, with crude nearing $120 a barrel amid disruptions to energy flows from the Middle East. The spike has pushed fuel costs sharply higher nationwi…
Latest Strategic Petroleum Reserve News & Updates
Washington, March 8 (IANS) US President Donald Trump said he was not concerned about rising fuel prices despite the ongoing war with Iran, arguing that global oil markets have enough supply and that any price spike would be temporary.Speaking to reporters during a press gaggle aboard Air Force One, Trump described the conflict as a short-term operation and dismissed worries about its economic impact. “No, I’m not worried about gas prices right now,” Trump said.He characterised the military…
Washington, Feb 3 (IANS) US President Donald Trump announced the creation of what he called the “US Strategic Critical Minerals Reserve,” describing it as the first-ever civilian stockpile of critical minerals designed to protect American industry during supply shocks.“We’re announcing the creation of the US Strategic Critical Minerals Reserve, the first ever stockpile of critical minerals that you’ve been hearing so much about,” Trump said on Monday during a signing event attended by Ca…