Energy & Climate
US Strategic Petroleum Reserves Could Deplete Within Two to Three Months
The Duran
Manufacturing A Global Energy Crisis
What was said
"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.
Verification status
Attributed speaker claim
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
Source and context
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
- Programme
- The Duran
- Episode
- Manufacturing A Global Energy Crisis
- Clip time
- 14:45
- Original source
- Watch the source segment →
From this episode
The Duran