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The Independent UK
The Independent UK
National
Wyatte Grantham-Philips and Cathy Bussewitz

As oil prices soar, Trump is downplaying the need to tap into US reserves

Donald Trump has downplayed the prospect of deploying America’s Strategic Petroleum Reserve to alleviate pressure on global energy markets.

Speaking to journalists on Air Force One, Mr Trump addressed questions regarding the reserve amidst escalating conflict across the Middle East, a region vital for oil and gas production and distribution.

This ongoing geopolitical instability has already strained the worldwide energy sector, leading to higher petrol prices for consumers in the United States and contributing to the rising cost of living.

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