US Offers 17M More SPR Barrels as IEA Emergency Releases Accelerate

The US DOE issued a request for proposals to exchange up to 17 million barrels from the SPR, part of the 172 million barrels committed under the IEA's 400-million-barrel emergency action. This follows the IEA's accelerated release schedule amid a tight market. The move signals sustained government intervention to cool prices, but the SPR's declining inventory (now ~283 million barrels) raises questions about future capacity.