The US Department of Energy (DOE) has announced up to $17.5 billion in conditional loans to help utilities and energy companies secure critical components for new nuclear power plants, aiming to strengthen the domestic nuclear supply chain and accelerate reactor construction.
The US Department of Energy said it had loaned 8.48 million barrels of crude oil from the Strategic Petroleum Reserve to four oil companies, the second allotment under the Trump administration's effort to curb fuel prices that have surged during the US-Israeli war on Iran.
