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strategic petroleum reserve

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US Strategic Petroleum Reserve Falls to Lowest Level Since 1983 Amid Iran Conflict Commodities
Energy & Petrochemicals #oil#emergency stockpile

US Strategic Petroleum Reserve Falls to Lowest Level Since 1983 Amid Iran Conflict

The US Strategic Petroleum Reserve (SPR) has fallen to 340.3 million barrels as of June 12, 2026, the lowest since July 1983. The Trump administration released 8.9 million barrels over the past week, part of 75 million barrels drawn since the war with Iran began in late February. Industry officials warn the reserve could face operational constraints if the drawdown continues, with replenishment not expected before hurricane season.

Jun 16, 2026 1 source
US Strategic Petroleum Reserve Falls to Lowest Level Since 1983 Amid Iran War Commodities
Energy & Petrochemicals #strategic petroleum reserve#oil

US Strategic Petroleum Reserve Falls to Lowest Level Since 1983 Amid Iran War

The US Strategic Petroleum Reserve fell to 340.3 million barrels as of June 12, 2026, its lowest since July 1983, as the Trump administration continues emergency releases to mitigate economic damage from the war with Iran. The reserve has dropped 75 million barrels (18%) since the conflict began in late February. Officials warn the stockpile must remain at least 20% full to be operational.

Jun 16, 2026 1 source