The US strategic petroleum reserve has fallen to its lowest level in four decades due to the war against Iran. According to Spiegel, the Trump administration tapped the emergency reserves to curb soaring gasoline prices. The reserves are now approaching a risky threshold.
The war against Iran has sent gasoline prices in the US skyrocketing. The Trump administration therefore drew on the strategic oil reserves, which have now sunk to their lowest level in 40 years. Experts warn that the declining reserves could jeopardize national security.
EuroPulse reported on June 16, 2026, about the peace agreement with Iran confirmed by Trump, which is to be signed on June 19: Trump confirms peace agreement with Iran – signing on June 19.
Source: www.spiegel.de
