Al-Monitor • June 11, 2026 12:52

US strategic oil stockpile nears four-decade low as Iran war drags on

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Score: -0.35 • Leans Left

The US Strategic Petroleum Reserve fell to 349.2 million barrels amid the global energy shock caused by the war in Iran.

Story Timeline

Tue 09:17 - Al Jazeera English

Iran conflict: Why has oil stayed near $100 a barrel?

Tue 14:04 - Financial Times

EU considers suspending rise in Russian oil price cap

Wed 19:21 - Euronews

Trump says 'I love the inflation,' claims US taking millions of barrels of Iranian oil

Thu 12:52 - Al-Monitor

US strategic oil stockpile nears four-decade low as Iran war drags on

Different Perspectives

Al Jazeera English

1 article

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09:17

Iran conflict: Why has oil stayed near $100 a barrel?

The worst-case oil scenario has been avoided, but inflation and slower growth continue to weigh on the global economy.

Euronews

1 article

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19:21

Trump says 'I love the inflation,' claims US taking millions of barrels of Iranian oil

President Donald Trump welcomed new inflation data showing prices rising 4.2%, saying the numbers were "great." He argued higher energy costs linked to the Iran conflict were temporary and claimed …

Financial Times

1 article

▼

14:04

EU considers suspending rise in Russian oil price cap

Limit on Russian crude was set to increase from $44 a barrel to $70 following supply disruption due to Middle East war