America’s Strategic Petroleum Reserve Drains Amid Iran War and Rising Oil Prices
The U.S. Strategic Petroleum Reserve is nearing critical depletion as geopolitical conflicts and coordinated releases strain global oil supplies.
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The U.S. Strategic Petroleum Reserve is nearing critical depletion as geopolitical conflicts and coordinated releases strain global oil supplies.
Showing 25-48 of 145 articles.
world
Yemen’s Houthis attack Saudi Arabian oil tankers in the Red Sea, escalating tensions and pushing Brent crude prices above $100 for the first time since May.
Al Jazeera | Jul 23, 2026, 7:21 PM
world
Renewed US-Iran hostilities have pushed Brent crude prices above $76 a barrel, reversing recent declines and threatening a fragile ceasefire in global energy markets.
Al Jazeera | Jul 8, 2026, 5:02 AM
world
The Australian share market is expected to decline following a Wall Street tech sell-off, while Telstra faces a nationwide mobile network outage.
ABC Australia News | Jul 7, 2026, 10:15 PM
world
Higher oil prices linked to Middle East tensions have led Japan's government to reduce its economic growth outlook for the current fiscal year, while projecting a budget surplus return in 2027.
CNA Latest News | Jul 30, 2026, 3:01 AM
world
The Monetary Authority of Singapore raises the appreciation rate of the Singapore dollar amid elevated oil prices and inflation risks linked to ongoing Middle East tensions.
South China Morning Post World | Jul 27, 2026, 5:19 AM
politics
President Donald Trump signals consideration of a “massive attack” after Houthi rebels strike Saudi oil tankers, driving oil prices above $100 a barrel.
NBC Politics | Jul 24, 2026, 11:53 AM
us
The resolution, passed for the second time, calls for the withdrawal of US forces amid escalating Middle East conflict and rising oil prices, though it is largely symbolic as the Trump administration deems it unconstitutional.
Guardian US | Jul 23, 2026, 4:07 PM
business
The Japanese yen depreciated to its lowest level in nearly four decades, reaching 163 yen per U.S. dollar, influenced by rising oil prices due to escalating U.S.-Iran tensions and economic policy proposals by Takaichi.
Nikkei Asia | Jul 22, 2026, 3:40 AM
politics
As military conflict with Iran intensifies and oil prices surge, GOP lawmakers call on President Trump to act swiftly to reopen the strategic Strait of Hormuz.
The Hill | Jul 21, 2026, 11:16 AM
world
Renewed US attacks on Iran have closed the Strait of Hormuz, pushing oil prices higher. With US reserves depleted, China declines to deploy its strategic petroleum reserves to stabilize the market.
South China Morning Post World | Jul 21, 2026, 12:43 AMpolitics
The Strategic Petroleum Reserve has fallen to its lowest level since 1983 after multiple releases authorized by recent administrations to influence oil prices.
Reason | Jul 16, 2026, 4:13 PMworld
The United States conducted a seven-hour military operation targeting Iranian sites near the Strait of Hormuz amid renewed naval blockades and rising oil prices, while Iran claimed retaliatory strikes on US facilities.
Al Jazeera | Jul 15, 2026, 8:09 AMworld
Weak domestic demand and rising oil prices linked to the Iran war overshadow strong export gains in China’s second quarter.
BBC World | Jul 15, 2026, 5:33 AM
general
As U.S. forces strike Iranian targets near the Strait of Hormuz, the path to resolving nuclear issues and stabilizing oil prices remains uncertain.
Fox News Latest | Jul 13, 2026, 1:11 PM
world
Brent crude oil prices rise sharply as Washington and Tehran exchange attacks over control of the strategic Strait of Hormuz.
Al Jazeera | Jul 13, 2026, 2:34 AM
general
Recent Iranian attacks on shipping raised oil prices but growing global oil production and alternative routes could reduce Tehran’s economic influence.
Fox News Latest | Jul 10, 2026, 10:44 AM
general
Despite recent attacks raising oil prices, alternative routes and increased production could reduce Iran's strategic control over global energy markets.
Fox News Latest | Jul 10, 2026, 10:22 AM
business
Thailand's Constitutional Court validates government's emergency decree to borrow funds amid rising oil prices linked to Middle East tensions.
Nikkei Asia | Jul 9, 2026, 7:39 AM
us
Dow falls over 1% as oil prices surge following Trump’s announcement on Iran ceasefire status; S&P 500 dips slightly while Nasdaq edges up.
Guardian US | Jul 9, 2026, 1:18 AM
world
Global markets declined and oil prices surged after President Donald Trump announced potential new strikes on Iran, impacting travel and energy stocks.
Al Jazeera | Jul 8, 2026, 4:31 PM
general
President Trump's declaration ending the ceasefire with Iran led to a spike in oil prices and a drop in stock markets, while his administration also unexpectedly canceled teen pregnancy prevention grants.
NPR News | Jul 8, 2026, 12:24 PM
world
Palm oil prices in Malaysia increased following gains in rival edible oils and a near 2% rise in crude oil prices after U.S. military actions against Iran.
CNA Latest News | Jul 8, 2026, 4:18 AM
business
Higher oil prices linked to the Iran conflict and a weakening rupiah contribute to Indonesia's trade imbalance.
Nikkei Asia | Jul 1, 2026, 5:08 PMShowing 25-48 of 145 articles.