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Axios

Trump will tap oil reserve as Iran war drives up gas prices

Trump will tap oil reserve as Iran war drives up gas prices

President Trump said Wednesday he will tap the nation's Strategic Petroleum Reserve to counter climbing gasoline prices as the Iran war disrupts global oil shipments. Why it matters: Consumers are seeing significant price jumps at the pump — and Republicans recognize offsetting that increase is crucial ahead of the 2026 midterm elections. What he's saying: "We'll do that, and then we'll fill it

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