Current Affairs · Energy Security
Nations invest in Strategic Petroleum Reserves (SPR) primarily to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Facilitate short-term speculative trade in the high-risk spot market
- 2Insulate their economies against sudden geopolitical energy supply shocks✓
- 3Enable an immediate and absolute transition to solar and wind energy
- 4Increase the dominance of a specific global reserve currency
Correct answer
Insulate their economies against sudden geopolitical energy supply shocks
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