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U.S. reportedly gauges interest in more Strategic Petroleum Reserve loans

A post quotes a report citing market sources on more crude loans within a 172-million-barrel reserve drawdown. A separate account, citing Iranian state TV, says Tehran repeated its demands for reopening Hormuz.

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2 Sources, 8d ago, first seen 8d ago

TLDR

A September 22 post quotes a report citing market sources that the U.S. Department of Energy has begun contacting trading firms and refiners about another round of crude loans, part of a 172-million-barrel Strategic Petroleum Reserve drawdown. Separately, another September 22 post says Iranian state television reiterated Tehran’s conditions for reopening Hormuz after three hours of UN talks with Witkoff and Kushner: lift the naval blockade, release all frozen funds and end the war on every front, including Gaza.

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384.6K

2 Sources, first seen 8d ago

1K likes75 comments181 saves177 reposts

Combined views

384.6K

2 Sources, first seen 8d ago

1K likes75 comments181 saves177 reposts

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2 Sources

@MarioNawfal🇺🇸🇮🇷 Witkoff and Kushner sat with the Iranians for three hours at the UN, and Tehran walked out repeating the exact terms it set in June Iranian state television needed only minutes after the meeting to restate the price of reopening Hormuz: lift the naval blockade, release every frozen dollar now, and end the war on every front including Gaza. Joe Kent ran the National Counterterrorism Center before he resigned over this war, and he reads that list as a return to the MOU the president already signed once. Which produces his suggestion, offered with no expectation it happens: "walk into the Iranian delegation and be like, deal accepted" That would be the North Korea move, the kind of unpredictable act that once worked, and it would open the strait before the winter bills land. The alternative on display was a speech pairing annihilation threats with talk of a deal after the fall, and Kent's worry is that Washington keeps assuming Iran will sit still while it waits. Iran has never sat still. @joekent16jan19
@Rory_JohnstonLEAST SURPRISING DEVELOPMENT EVER "The US Department of Energy (DOE) has begun contacting trading firms and refiners to gauge interest in another round of crude loans as part of its 172mn bl drawdown from the US Strategic Petroleum Reserve (SPR), market sources said."
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    2 Sources

    @MarioNawfal🇺🇸🇮🇷 Witkoff and Kushner sat with the Iranians for three hours at the UN, and Tehran walked out repeating the exact terms it set in June Iranian state television needed only minutes after the meeting to restate the price of reopening Hormuz: lift the naval blockade, release every frozen dollar now, and end the war on every front including Gaza. Joe Kent ran the National Counterterrorism Center before he resigned over this war, and he reads that list as a return to the MOU the president already signed once. Which produces his suggestion, offered with no expectation it happens: "walk into the Iranian delegation and be like, deal accepted" That would be the North Korea move, the kind of unpredictable act that once worked, and it would open the strait before the winter bills land. The alternative on display was a speech pairing annihilation threats with talk of a deal after the fall, and Kent's worry is that Washington keeps assuming Iran will sit still while it waits. Iran has never sat still. @joekent16jan19
    @Rory_JohnstonLEAST SURPRISING DEVELOPMENT EVER "The US Department of Energy (DOE) has begun contacting trading firms and refiners to gauge interest in another round of crude loans as part of its 172mn bl drawdown from the US Strategic Petroleum Reserve (SPR), market sources said."
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