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Al Jazeera·4 min read·medium

Why the US Strategic Petroleum Reserve matters amid US-Iran tensions

A
Andy Hirschfeld
Why the US Strategic Petroleum Reserve matters amid US-Iran tensions
AI Summary

US Strategic Petroleum Reserve levels have dropped to their lowest point since 1983 amid rising tensions with Iran. Experts note that despite high domestic production, global oil prices remain sensitive to geopolitical instability in the Middle East.

US oil reserves hit lowest level since 1983 amid growing tensions with Iran and global supply concerns.

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