The US is not considering a release from government oil stocks to dull the price and supply impacts of Monday’s announcement it would not renew sanctions waivers for Iran’s top crude and condensate buyers, but may announce an additional sale if oil prices climb this summer, sources said. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “I wouldn’t rule it out,” a Department of Energy source said Monday. Sources said a release from the Strategic Petroleum Reserve had not been studied before Monday’s Iran sanctions announcement and said there was not a price or supply scenario where one may be triggered. In September, US Secretary of Energy Rick Perry said he opposed a release of crude from the SPR to blunt the impact of re-imposed sanctions on Iranian oil exports. At the time, Perry denied the administration was even considering an SPR release. […]