EconomyDepleted US oil reserve loses power to calm markets as Iran war drags on
Six months into the U.S.-Israeli war with Iran, Washington may have fewer options for calming unsettled oil markets. U.S. presidents have drawn down the aging Strategic Petroleum Reserve over the past five years, reducing its ability to cushion the shock.
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Reuters★★★★☆2026-08-31 10:15Original
Depleted US oil reserve loses power to calm markets as Iran war drags on
Economy