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The Nexus
SECURITYJun 15 · 21:24 UTCTHE HILLRachel Frazin

US strategic oil reserve hits lowest level since 1983

The U.S. Strategic Petroleum Reserve (SPR) has reached its lowest level since 1983, with 340.3 million barrels, according to federal data released on Monday. The last time reserves were this low was during the Reagan administration, which was in the process of filling the reserve.

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