Scoopfeeds — Intelligent news, curated.
US Oil Reserve Hits 43-Year Low as Trump Aims to Tame Gas Prices
business

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

Bloomberg Markets · Jun 15, 2026, 5:02 PM · Also reported by 2 other sources

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.

Read full story on Bloomberg Markets → More top stories

Also covered by

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop