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Event Brief

US Strategic Petroleum Reserve hits 4-decade low

The US Strategic Petroleum Reserve has fallen to its lowest level in more than four decades.
WHO: US Strategic Petroleum Reserve (SPR)
WHAT: The Strategic Petroleum Reserve level fell to a 4-decade low.
WHEN: Jun 16, 2026 at 6:03 AM ET
WHERE: USA
WHY: Washington's military confrontation with Iran has drained emergency stocks.

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