As tensions with Iran rattle global energy markets, a leading Senate Republican is demanding answers about why the United States’ emergency oil stockpile was dramatically depleted during the Biden administration without being fully replenished.
Sen. Tom Cotton, R-Ark., is pressing the Department of Energy for details about decisions that significantly reduced the nation’s Strategic Petroleum Reserve (SPR), warning that those moves could now carry serious consequences as conflict in the Middle East threatens global oil supplies.
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