US oil reserve hits 44-year-low amid Iran war, global energy shortage
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US strategic oil reserves have fallen to a 40-year low, creating potential structural risks for the salt caverns used for storage.
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The US Strategic Petroleum Reserve has dropped to its lowest volume since 1983, falling below the 300 million barrel threshold.
The U.S. Strategic Petroleum Reserve has dropped below 300 million barrels, reaching its lowest volume since 1983.
The U.S. Strategic Petroleum Reserve has plummeted to its lowest level since 1983, leaving the nation's energy cushion thin amid an ongoing war with Iran.
The U.S. Strategic Petroleum Reserve has hit its lowest oil level since 1983, raising alarms over the stability of the aging storage system.
U.S. oil inventories have reached their lowest levels since 1983, prompting increased focus on the Strategic Petroleum Reserve amid ongoing price volatility.