CAMEO+ eventECONOMIC2026-04-10馃嚭馃嚫
US releases 8.48 million barrels from Strategic Petroleum Reserve to curb oil prices
source: U.S. Department of Energy -> target: Oil market
On 2026-04-10, the U.S. Department of Energy said it had loaned 8.48 million barrels of crude oil from the Strategic Petroleum Reserve to four companies, including Gunvor USA, Phillips 66, Trafigura Trading, and Macquarie Commodities Trading. The move was intended to curb rising fuel prices amid the U.S.-Israeli conflict with Iran, and followed an earlier offer on April 1 to lend up to 10 million barrels in this round.
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Location
Washington, DCDistrict of ColumbiaNorth AmericaUnited StatesNorth America38.895, -77.036
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