Can Trump Refill the US Strategic Petroleum Reserve? ...Middle East

Can Trump Refill the US Strategic Oil Stocks? - The pre-election promise of US President Donald Trump to refill the US Strategic Petroleum Reserve is facing a myriad of challenges, needing to add 320 million barrels to make good on the vow to ‘fill it to the very top’. - Any large-scale refilling spree would mean immediate upward pressure for oil prices, which would stand in contrast with Trump’s pledge to lower energy costs, with the Biden Administration aiding oil with some 59 million barrels of purchases in 2024. - Moreover,…

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