EconomyEXCLUSIVE: White House weighs using Defense Production Act to expand US oil refining

The White House is considering how to invoke the Defense Production Act to increase U.S. oil-refining capacity, two people familiar with the administration’s plans said. The conflict with Iran has highlighted the country’s exposure to global crude-supply disruptions and price spikes.

White HouseUnited Statesoil refiningDefense Production Act

RReuters★★★★☆2026-09-11 16:50Original