Live Update 
From the Liveblog of
Monday, March 23, 2026
From the Liveblog of
Monday, March 23, 2026
US energy secretary says further release of reserve oil unlikely
Add ToI as a Preferred Source on GoogleUS Energy Secretary Chris Wright says that the US could release more oil from its Strategic Petroleum Reserve to calm energy markets during the war with Iran but calls such a move “highly unlikely,” in an interview with CNBC.
The US earlier this month announced a 172 million barrel exchange from the reserve in a larger coordinated release with International Energy Agency countries. The SPR currently holds about 415 million barrels.
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