America’s emergency oil reserve is about to hit its lowest level since Reagan was in office

The U.S. Strategic Petroleum Reserve (SPR) is nearing its lowest level since 1983, with weekly depletion of 9 million barrels as the Trump Administration releases reserves to manage oil exports and domestic prices. Companies purchasing released barrels have pledged to replenish them, but concerns persist over energy market stability amid global reserve declines and geopolitical tensions like the closed Strait of Hormuz.