Anonymous23 days ago
President Trump has authorized the release of 172 million barrels from the Strategic Petroleum Reserve as part of the largest coordinated international oil release in history, triggered by the Iran war's disruption of roughly 20% of global crude supply via the Strait of Hormuz. The move comes as U.S. gasoline prices have surged from $2.90 to $3.58 per gallon in two weeks and WTI crude has spiked from $67 to above $94 per barrel, but energy analysts warn the release is a temporary measure that cannot substitute for restoring the physical flow of oil through the world's most critical chokepoint.