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US Oil Reserve Hits 43-Year Low as Trump Aims to Tame Gas Prices

Bloomberg

BusinessBloomberg·Jun 15, 2026·1 min read

US Oil Reserve Hits 43-Year Low as Trump Aims to Tame Gas Prices

The US’s emergency supply of crude oil has fallen to its lowest level since 1983 as the Trump administration moves toward completing its plan to release 172 million barrels to ease surging fuel prices spurred by the war in Iran.

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