US aims to loan about a third of heating oil reserve in bid to tame prices

The Trump administration is offering to loan up to nearly a third of the 1-million-barrel ‌US emergency heating oil reserve, the Department of Energy said on Wednesday, in a bid to tame prices, which have surged on diesel shortages due to the wars in Iran and Ukraine.

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US aims to loan about a third of heating oil reserve in bid to tame prices

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