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

MarketWatch· Myra P. Saefong· Jul 13, 2026 · 9:04 PM
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.

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