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    Trump invokes Cold War-era Defence Production Act to boost oil production and refining

    SCMP World
    October 22, 2026
    via SCMP World

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    Trump invokes Cold War-era Defence Production Act to boost oil production and refining

    US ⁠President Donald Trump determined ⁠on Thursday that petroleum ⁠production, refining and related activities are essential to national defence, a move that could open up US funding for fossil fuel projects. In a presidential memo, Trump also invoked part of ‌the Cold War-era Defence Production Act

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