US releases 40 million barrels amid fuel price hike

The administration of U.S. President Donald Trump has launched a plan to increase oil supplies by granting a loan estimated at 40 million barrels from the strategic petroleum reserve. This is part of an overall strategy to release 172 million barrels from the reserve to counter supply disruptions caused by the war with Iran and rising fuel prices. Currently, U.S. reserve stocks are at their lowest level since 1982, totaling approximately 283.8 million barrels, with expectations to reintroduce around 200 million barrels into the reserve through loan operations that will require repayment with a premium of up to 24%, expected to be completed by late 2028. This measure reflects Washington's attempt to support oil market stability by boosting short-term supplies, despite the limited capacity of the reserve to absorb long-term shocks due to the low stock levels.

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