ReferIndia News Trump Authorizes Release of 172 Million Barrels from Strategic Petroleum Reserve

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Trump Authorizes Release of 172 Million Barrels from Strategic Petroleum Reserve

Published on: March 12, 2026, 4:32 a.m. | Source: scanx.trade

President Trump has authorized a major release of 172 million barrels from the Strategic Petroleum Reserve, with implementation beginning next week through the Department of Energy. This represents a significant government intervention in energy markets and one of the larger deployments from the nation's emergency oil stockpile.

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