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The DOE said the Trump administration plans to lend nearly one-third of the 1.0 mln-barrel emergency heating oil reserve to ease upward pressure on oil/diesel prices. Heating oil is similar in composition to diesel; diesel has surged above $6.50/gal

2026-10-21

The DOE said the Trump administration plans to lend nearly one-third of the 1.0 mln-barrel emergency heating oil reserve to ease upward pressure on oil/diesel prices. Heating oil is similar in composition to diesel; diesel has surged above $6.50/gal amid Middle East supply disruption tied to the Iran war. The DOE said it will assess whether further releases are needed and will run a loan bid program for fuel retailers and end holders to direct supply to shortage-hit regions. Energy Secretary Wright said the administration is committed to doing everything possible to lower energy costs.

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2026-10-22

MSNBC reports that, citing two U.S. officials and two people familiar with the matter, the U.S. military has quietly reduced troop levels at bases across the Middle East in recent days.

MSNBC reports that, citing two U.S. officials and two people familiar with the matter, the U.S. military has quietly reduced troop levels at bases across the Middle East in recent days.
2026-10-22

European Commission says the agreement will strengthen the EU Emissions Trading System's resilience to excessive price volatility.

European Commission says the agreement will strengthen the EU Emissions Trading System's resilience to excessive price volatility.
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