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The US Strategic Petroleum Reserve dropped to 293.4 million barrels, its lowest level since 1982. Severe supply risks persist due to an ongoing standoff with Iran and Strait of Hormuz disruptions, ra…
US SPR fell to a 43-year low of 298.7M barrels amid Iran-Israel conflict and stalled Mideast cease-fire talks. Degraded infrastructure limits refill/drawdown capacity, raising inflation and oil suppl…
Iran war escalation threatens Strait of Hormuz closure, pushing oil near $100/barrel. Depleted SPR reserves and few policy levers left for Trump signal sustained upward pressure on energy prices, wit…