US loses access to a quarter of strategic oil reserves

The United States is facing a significant decline in its strategic oil reserves, which have fallen to their lowest level since 1983, with the stockpiles decreasing to approximately 326 million barrels. The primary reason for this infrastructure deterioration is the large emergency withdrawals during 2022 and 2026, which led to equipment failures and tank deformations, resulting in an inability to extract more than 25% of the reserves. The U.S. now requires nearly $230 million to repair the damages and restore its capacity.

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