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Trump Pressured by GOP Senator to Tap Home Heating Oil Reserve
Source: Bloomberg
Energy Markets & PricesGeopolitics & WarFiscal Policy & Budget
Sen. Susan Collins urged President Trump to release fuel from the Northeast Home Heating Oil Reserve to curb rising heating-oil costs linked to the Iran war and Russia-Ukraine war. The request highlights geopolitical supply risks and consumer energy-price pressure, though any reserve release would likely have a limited regional market impact.
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