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Event Brief

US Has No Immediate Plan to Tap Oil Reserve

The Trump administration will not release oil from reserves amid rising prices due to the Iran conflict.
WHO: Trump administration
WHAT: No immediate plans to release oil from emergency reserve
WHEN: Mar 2, 2026 at 6:24 PM ET
WHERE: USA
WHY: Surging crude and gasoline prices due to Iran conflict
Sources (1): Bloomberg

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