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White House weighs how to use Defense Production Act to expand US oil refining capacity, sources say
Source: reuters.com
Energy Markets & PricesGeopolitics & WarInfrastructure & DefenseFiscal Policy & Budget

The White House is considering use of the Defense Production Act to expand U.S. oil-refining capacity amid conflict with Iran and heightened exposure to global crude-supply disruptions. The potential policy response underscores risks of oil-price spikes and insufficient domestic refining capacity, with possible implications for U.S. energy infrastructure and petroleum markets.
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