🚨🇺🇸 U.S. EMERGENCY OIL RESERVES ARE NEAR A 40-YEAR LOW.
The Strategic Petroleum Reserve has fallen to just 293.4 MILLION barrels.
That’s only around 41 MILLION barrels above the legal minimum.
And it could get much worse.
Projections show the reserve potentially falling to just 243 MILLION barrels as Washington continues releasing oil to manage supply disruptions tied to the Iran war.
That means America is burning through its emergency energy buffer while geopolitical risks remain elevated.
The SPR exists for exactly this kind of crisis.
But if inventories keep falling, Washington could have far less firepower left if another major supply shock hits.
Oil markets are watching.
So should investors.
#Oil #USA #Iran #Energy #Geopolitics
The Strategic Petroleum Reserve has fallen to just 293.4 MILLION barrels.
That’s only around 41 MILLION barrels above the legal minimum.
And it could get much worse.
Projections show the reserve potentially falling to just 243 MILLION barrels as Washington continues releasing oil to manage supply disruptions tied to the Iran war.
That means America is burning through its emergency energy buffer while geopolitical risks remain elevated.
The SPR exists for exactly this kind of crisis.
But if inventories keep falling, Washington could have far less firepower left if another major supply shock hits.
Oil markets are watching.
So should investors.
#Oil #USA #Iran #Energy #Geopolitics