Strategic Petroleum Reserve Drains to 1983 Levels as Trump Taps Supply

The U.S. Strategic Petroleum Reserve has dropped to 340.3 million barrels, its lowest point since 1983, according to federal data released Monday. An 8.9-million-barrel drawdown in a single week drove the latest decline, part of an aggressive campaign by the Trump administration to cushion the economic blow of the Iran war. Since the conflict began […] The post Strategic Petroleum Reserve Drains to 1983 Levels as Trump Taps Supply appeared first on the deep dive.