CommoditiesIMPORTANT

Energy executives have warned the White House that key oil reserves being used to limit the Iran war’s impact on prices are running dangerously low, via CNN citing sources

News detail

The concerns conveyed to Cabinet officials and White House aides have centered on industry stockpiles that are projected to reach critical lows perhaps in a matter of weeks, three sources familiar with the private discussions told CNN. The government’s own emergency oil stockpile is also being rapidly depleted and will likely force the administration to slow its pace of withdrawals as soon as next month.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more