Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Bruce Golding

America’s emergency oil reserve is about to hit lowest level since Reagan era

President Donald Trump's ongoing war with Iran is draining America's emergency supply of crude oil — which is just days away from hitting its lowest level in more than 40 years, according to a report Wednesday.

Since March, Trump has tapped 66 million gallons of oil from the Strategic Petroleum Reserve to keep exports flowing and prevent Americans from seeing their price at the pumps reach new heights, Fortune said.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.