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New US, Iran Strikes Highlight Shrinking US Oil Reserves

Summary by The Daily Upside
With US crude reserves at a 40-year low, oil markets are braced for supply shocks and rising prices as the US-Iran War heats up. The post New US, Iran Strikes Highlight Shrinking US Oil Reserves appeared first on The Daily Upside.

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Today, the United States Department of Energy announced that crude oil stocks in the United States strategic reserve fell by some 3.1 million barrels to 286.6 million last week, the lowest level since November 1982.

·Syrian Arab Republic (the)
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Chaos – US Secretary of Defense resigns, strategic reserves at 1982 low – Iran seizes tanker in Hormuz

U.S. oil reserves have been dropping to the lowest level for 44 years...

Six months after the start of the war between the US and Israel with Iran, Washington is becoming increasingly difficult to calm the nerve oil markets because... ♪ 31.08.2026, PRIM ♪

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Crypto Briefing broke the news on Monday, August 31, 2026.
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