Bryan Mound storage facility in Texas is is one of four Strategic Petroleum Reserve (SPR) sites in the U.S. that are used as a first line of defence against an interruption in petroleum supplies. | Photo Credit: AFP U.S. President Donald Trump says his administration will tap the United States’ Strategic Petroleum Reserve to try and reduce gasoline prices that have risen due to the Iran war. During an interview on Wednesday (March 11, 2026) with WKRC Local 12 in Cincinnati, Mr. Trump was asked about tapping the reserve and said, “Well, we’ll do that and then we’ll fill it up.” He added, “Right now we’ll reduce it a little bit, and that brings the prices down.” He didn’t specify how many barrels of oil the U.S. would release. Explained | What is Strategic Petroleum Reserve? Mr. Trump frequently criticised the administration of Joe Biden for tapping the reserve to try and bring down gas prices. Published – March 12, 2026 03:28 am IST Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation From The Hindu Archives, March 12, 1926: British war graves commission India outclasses Wales – The Hindu