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US Oil Reserve Plummets to 40-Year Low Amid Iran War

#StrategicPetroleumReserve #GasPrices

The U.S. Strategic Petroleum Reserve has shrunk over 30% in six months amid the Iran war, falling below 285 million barrels—its lowest since the early 1980s—weakening a key tool for easing record gas and diesel prices. read more


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Americas emergency oil reserve nears 40-year low

#StrategicPetroleumReserve #IranConflict

Trump's war with Iran has drained the Strategic Petroleum Reserve, nearing a 40-year low since 1983. Since March, 66 million gallons were tapped. Analysts warn of limited tools and potential price spikes. read more