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US Oil Supplies Hit Lowest Level Since 2004 Amid Trump’s Iran Conflict

US Oil Supplies Hit Lowest Level Since 2004 Amid Trump’s Iran Conflict

3 Haziran 2026Financial Times
  • The ongoing conflict involving Trump’s policies towards Iran has significantly depleted U.S. oil supplies, bringing them to their lowest levels since 2004.
  • Industry experts are expressing concerns that this depletion could lead to a sharp increase in oil prices as inventories have reached a 'critically low' threshold. The situation is prompting calls for urgent measures to stabilize supply and prevent further economic repercussions.
  • The depletion of U.S. oil reserves is occurring against a backdrop of heightened tensions with Iran, which have historically influenced global oil markets.
  • The current state of U.S. oil supplies reflects a broader trend of geopolitical tensions impacting energy markets.
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This article reflects the opinions and analysis of the Financial Times and does not necessarily represent the views of all stakeholders in the energy sector.