US Strategic Petroleum Reserve Falls to Lowest Level Since 1982
🛢️ SPR — US emergency oil reserves hit 1982 lows days before November 5. 📌 LOOK CLOSER: The SPR exists to cushion Gulf supply shocks — exactly the scenario already live. At 1982 lows, Washington has weeks, not months, of buffer if Hormuz stays closed post-November 5. CENTCOM strike resumption with no SPR depth means a price shock the Fed cannot contain. Trump enters the most dangerous energy window of this war with nearly empty tanks.
