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The U.S. is maxing out its strategic oil reserves as Trump vows to control the Strait of Hormuz

Economy MarketWatch By Myra P. Saefong 13 Jul 2026 22:50 1 min read
The U.S. is maxing out its strategic oil reserves as Trump vows to control the Strait of Hormuz

Strategic Petroleum Reserve stockpiles are precariously low and have been hit by major equipment failures, leaks and spills, according to a government report.

Strategic Petroleum Reserve stockpiles are precariously low and have been hit by major equipment failures, leaks and spills, according to a government report.

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