US Emergency Oil Reserves Hit 2-Year Low | World Business Watch (opens in new tab)

The United States Strategic Petroleum Reserve, or SPR, is shrinking fast\. Since the war with Iran began, the amount of oil in America's emergency oil stockpile has dropped by about 50 million barrels\. That is a fall of 12 percent\. Stocks now stand at 365 million barrels\. That is the lowest level since April 2024\. \#usoil \#iranwar \#wion About Channel: WION The World is One News examines global issues with in-depth analysis\. We provide much more than the news of the day\. Our aim is to ...