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