Depleted U.S. Strategic Petroleum Reserve Weakens Market Buffer Amid Iran Conflict

Washington's ability to stabilize volatile oil markets is diminishing as the aging Strategic Petroleum Reserve runs dry from prolonged drawdowns linked to the ongoing war with Iran.

31 Aug, 17:50 — 31 Aug, 17:50

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globe-and-mailHigh11h ago

Depleted U.S. oil reserve loses potency as Iran war grinds on

Washington may find it harder to calm jittery oil markets after draining the aging Strategic Petroleum Reserve

By Timothy Gardner and Arathy Somasekhar and Anushree Mukherjee

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Depleted U.S. Strategic Petroleum Reserve Weakens Market Buffer Amid Iran Conflict

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Depleted U.S. oil reserve loses potency as Iran war grinds on

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