Latest / International Business with Fexingo: Global Trade, Cross-Border Deals, and Multinational Operations
How a US Strategic Oil Reserve Plunge Is Reshaping Global Trade
The US Strategic Petroleum Reserve has fallen below 300 million barrels for the first time since 1983, a number that is quietly rewriting the rules of global energy trade. In this episode, Lucas and Luna unpack what that drawdown actually means: how it affects US leverage in the Strait of Hormuz standoff, why it's pushing American refiners to lean harder on Canadian and Latin American crude, and what it signals about the country's long-term energy posture. They connect the dots to the latest trade data, with imports of goods and services climbing past $4.6 trillion, and explain why…
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