Energy executives have warned the White House that key oil reserves being used to limit the Iran war’s impact on prices are running dangerously low, via CNN citing sources
- The concerns conveyed to Cabinet officials and White House aides have centered on industry stockpiles that are projected to reach critical lows perhaps in a matter of weeks, three sources familiar with the private discussions told CNN.
- The government’s own emergency oil stockpile is also being rapidly depleted and will likely force the administration to slow its pace of withdrawals as soon as next month.
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