Latest / Pakistan News Today | 2 Min News | The Daily News Now!
US Oil Reserve at Breaking Point | Pakistan News
Six months into the Iran conflict, the U.S. Strategic Petroleum Reserve is at its lowest level since 1982 — a dangerous dip that threatens America’s ability to respond to future crises. Once stocked for emergencies, the reserve has been drained by both Trump and Biden administrations, and recent global efforts to stabilize oil prices have only added pressure. Experts warn that falling below 250 million barrels risks damaging infrastructure and undermines the reserve’s core purpose. Refilling could take years, especially if relying on Venezuelan oil, and Congress has barely funded…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.