The U.S. Strategic Petroleum Reserve has just hit a number not seen since Ronald Reagan was in office.

US oil reserves hit 1983 low as war rages

France is sounding the alarm. Paris is urging countries not to rush into tapping their strategic oil reserves. The message is clear — wait and watch before acting. The warning comes as global energy markets remain on edge. War-related disruptions continue to rattle oil supply chains worldwide.


France Warns: Don't Rush Oil Reserve Taps

Pakistan’s Petroleum Minister has admitted that the country does not have even a day’s worth of petrol reserves, raising serious concerns over energy security and fuel availability. The statement highlights ongoing challenges in Pakistan’s petroleum sector, including supply constraints and import dependency. Officials are under pressure to stabilize reserves and ensure uninterrupted fuel supply amid growing economic strain.


Pak Petroleum Minister Says Pak Lacks Even a Day's Petrol Reserves 

The United States plans to release 172 million barrels from its Strategic Petroleum Reserve to stabilize global oil prices amid rising tensions with Iran. The move comes as President Trump warned that US forces could strike specific sections of Tehran if the conflict escalates further. Analysts say the release aims to ease energy markets while demonstrating US readiness to respond militarily. The Strategic Petroleum Reserve release and Trump’s statements highlight the growing geopolitical and energy security concerns as the US and its allies navigate escalating tensions in West Asia. Stay updated on the latest oil market and Iran war news.

US‑Iran War: US to Release 172M Barrels from Oil Reserve | Trump Warns on Tehran

In a significant development, the China National Offshore Oil Corporation (CNOOC) has found a substantial reserve of oil in the energy-rich waters of the South China Sea.

Chinese energy giant CNOOC discovers new massive oilfield in South China Sea

The US House of Representatives has passed a bill with a big majority banning oil release from the US strategic petroleum reserve. The bill was passed with 331 votes in favor and only 97 against in the Republican-controlled house. All of the no votes reportedly came from Democrats.

US House approves bill to ban emergency oil sales to China

The first purchase since this year's record 180 million barrel release from the stockpile, the U.S. Energy Department announced on Friday that it will start purchasing oil for the Strategic Petroleum Reserve (SPR). According to a senior official, the department will purchase up to 3 million barrels for delivery in February.

WION Fineprint | SPR: World's largest emergency oil stockpile | US

The US Energy Department said that it will begin buying back oil for the Strategic Petroleum Reserve, or SPR, the first purchase since this year's record 180 million barrel release from the stockpile.

World Business Watch: US begins buying back oil for strategic petroleum reserve

United States has said that 14 companies they had been awarded contracts for the latest sale of oil from its petroleum reserve, this is part of the administration's efforts to ease disruption caused by war in Ukraine.

14 firms to get oil from US strategic reserve in latest sale

India and Saudi Arabia have also discussed investment opportunities in a proposed oil refinery

India offers Saudi Arabia stake in its strategic oil reserve

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