The Biden administration purchased 2.8 million barrels to partially refill the strategic petroleum reserve (SPR) at prices significantly higher than prevailing prices when former President Donald Trump proposed to top off the…
By Hyonhee Shin SEOUL (Reuters) – South Korea released its latest defence white paper on Thursday, describing North Korea as its “enemy” for the first time in six years and reporting an…
By Sabine Siebold and John Irish BRUSSELS/PARIS (Reuters) – NATO is expected to ask its members to raise its ammunition stockpiles which have been badly depleted by the war in Ukraine, as…
By Stephanie van den Berg VEENENDAAL, Netherlands (Reuters) – The budget-conscious Dutch, who enjoyed abundant cheap gas for half a century to heat their homes, are turning to more traditional heating methods…
Biden Considers Draining Yet Another Key Emergency Fuel Stockpile: REPORT Thomas Catenacci on May 23, 2022 President Joe Biden is mulling taking action to release federal diesel stockpiles in an attempt to…
By Mei Mei Chu KUALA LUMPUR – Malaysia’s palm oil inventories at the end of April likely rose for the first time in six months as production and imports climbed, a Reuters…
Biden Plans To Release More Oil From Emergency Stockpile. Will It Work? Thomas Catenacci on March 31, 2022 President Joe Biden is set to order the release of up to 180 million…
By Trevor Hunnicutt WASHINGTON – Democrats are gearing up to spend record sums on lawyers, advertising and other protect-the-vote efforts before the 2022 midterm elections, hoping to stave off Republican efforts they…