Energy & Climate
US Strategic Petroleum Reserves Could Deplete Within Two to Three Months
The Duran
Manufacturing A Global Energy Crisis
"They gave waivers to Russia. They even gave waivers to Iran with oil that was seaboard. But they were tapping into the SPR and that SPR is now very much depleted. Some estimates have it at about two months if Hormuz remains closed two 3 months tops."
The US Strategic Petroleum Reserve, which Trump used to maintain $60 oil prices during the Iran conflict, faces depletion within two to three months if the Strait of Hormuz blockade continues. The revelation comes as the administration considers implementing 500% tariffs on Russian oil purchases, potentially creating an energy crisis while reserves run critically low. Multiple energy disruptions including Russian refinery strikes and diesel export halts compound the vulnerability.
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The Duran