U.S. crude oil supplies have fallen to a 45-year low, driven by the ongoing Iran war which has severely impacted the nation's strategic reserves. According to data from Bank of America Global Research, the level of the U.S. Strategic Petroleum Reserve has dropped to its lowest point since 1983.
As a result of these diminished reserves, the United States is currently left with 43 days of remaining crude oil supply.
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The Hill (US)Highlights the geopolitical impact of the Iran war on U.S. strategic reserves.
Newz