Oil reserves could alleviate temporary energy problem, US official Burgum tells Fox News
ReutersMar 11, 2026 12:40 PM
WASHINGTON, March 11 (Reuters) - Oil reserves could be used to counter a "temporary transit problem" that is causing oil prices to spike as strikes continue in Iran, U.S. Interior Secretary Doug Burgum told Fox News on Wednesday.
"Certainly these are the kinds of moments that these reserves are used for, because what we have here is not a shortage of energy in the world. We've got a transit problem which is temporary," Burgum told "Fox & Friends."
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