Anonymous22 days ago
The Trump administration announced a 172 million barrel release from the Strategic Petroleum Reserve as part of a historic 400 million barrel coordinated IEA effort to stabilize oil markets rocked by the U.S.-Israel war on Iran. With crude prices surging over 40% since the conflict began on February 28 and the Strait of Hormuz effectively blockaded, the release represents the most aggressive deployment of emergency reserves since their creation in 1975 — yet analysts warn it may be insufficient to offset the largest oil supply disruption in history.