Strategic Petroleum Reserve Near Historic Lows Amid War in Middle East
Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Strategic Petroleum Reserve Near Historic Lows Amid War in Middle East
Strategic Petroleum Reserve Near Historic Lows , Amid War in Middle East.
Strategic Petroleum Reserve Near Historic Lows , Amid War in Middle East.
Fox News reports that drawdowns made to the
U.S. Strategic Petroleum Reserve (SPR) have left
the emergency stockpile at its lowest level since 1983.
.
High market prices have reportedly delayed
efforts made to replenish the reserve, as Israel's war against Hamas could destabilize oil supplies worldwide.
.
High market prices have reportedly delayed
efforts made to replenish the reserve, as Israel's war against Hamas could destabilize oil supplies worldwide.
.
According to data from the Energy Information
Administration (EIA), the SPR had approximately
351.3 million barrels of oil as of September 29.
.
Fox News reports that for most
of the last decade, the emergency stockpile
has stood at over 650 million barrels.
According to an EIA estimate, the U.S. consumes
an estimated 20 million barrels of oil per day.
.
This means that the SPR would be depleted after
just 17 days if America could no longer access "new domestic production or imports," Fox News reports.
.
Fox News reports that the historical average since
1990 has seen the emergency stockpile maintain
approximately 33 days worth of oil reserves.
.
In 1975, the SPR was created under
the Energy Policy and Conservation Act following
an oil embargo by OPEC that lasted from 1973 to 1974.
Americaâs SPR remains the largest in
the world and stands ready to deliver
on its mission to provide refiners
and the American public relief
in the event of supply disruptions, United States Department of Energy, via Fox Business.
Initially, the SPR was intended to
have a one billion barrel capacity,
but it has never reached that level.
Fox News reports that SPR supplies are held at four
locations in salt caverns located thousands of feet
below ground to prevent leaking oil from seeping out.
In a striking display of diplomatic unity, Saudi Foreign Minister Faisal bin Farhan declared that Riyadh welcomes Russiaâs role in Middle Eastern affairs during a high-profile press conference with Russian FM Sergey Lavrov in Moscow. The comment signals a major shift in Gulf geopolitics, showing Saudi Arabia's increasing tilt toward Moscow as regional dynamics evolve. Lavrov and Farhan met at the Russian MFA Reception House, emphasizing cooperation on regional security, energy, and investment. Farhan praised Russiaâs involvement as âalways welcome,â underlining a growing partnership despite global Western efforts to isolate Moscow. The press conference further confirms Russia's expanding clout in the Gulf as the Kremlin strengthens alliances outside the West. The talks come amid heightened tensions in the region, and suggest Saudi Arabia is now playing a more independent, multi-vector diplomatic game â balancing its ties between Washington, Moscow, and Beijing.
#SaudiArabia #Russia #Lavrov #FaisalBinFarhan #MiddleEast #Geopolitics #Putin #RussiaSaudiTies #Diplomacy #Moscow #SaudiFM #RussiaNews #GulfPolitics #BRICS #SaudiRussiaRelations #MiddleEastPolicy #EnergyPolitics #GlobalSouth #ForeignAffairs #WorldNews
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Ahead of the United States' Independence Day celebrations, federal agencies have issued a serious warning about potential terrorist attacks, specifically from lone wolf actors. This elevated threat level is a direct consequence of escalating tensions in the Middle East, where the U.S. has become more involved in the ongoing Israel-Iran conflict. The situation intensified after U.S. B-2 Spirit bombers conducted a major operation on June 22, dropping heavy bunker buster bombs on three of Iran's nuclear facilities in a strategic move to aid Israel.
In response to the potential for retaliatory attacks, security has been visibly bolstered across the country. New York Governor Kathy Hochul has identified lone wolves as the "greatest threat" to July 4th events, announcing an increased presence of State Police and the deployment of National Guard units at major transportation hubs, bridges, and tunnels throughout New York City. Authorities are also closely monitoring social media for any signs of cyber threats or domestic terror plots.
The threat is not limited to New York. An FBI bulletin has specifically warned that San Francisco's famous fireworks show could be a target for a mass casualty attack. The Department of Homeland Security (DHS) has officially raised the national threat level to "Heightened" and stated it will remain in effect until September 22, citing the direct link to the escalating conflict between Iran and the U.S. While no specific or credible plots have been identified, federal and state agencies remain on high alert to counter any security situation that may arise during the holiday.
#USTerrorAlert
#July4th
#USIranConflict
#BreakingNews
#WorldNews
#OneindiaNews
#KathyHochul
#LoneWolf
#MiddleEast
#DHS
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The Gaza crisis has reached a horrifying new level. Overnight Israeli airstrikes killed 94 Palestinians, including 45 people waiting for humanitarian aid. Dozens were burned alive in tents in Muwasi, and 15 more were killed when a school sheltering displaced families was hit in Gaza City.
Since October 2023, Gazaâs Health Ministry reports over 57,000 Palestinians killed â more than half of them women and children. Over 90% of Gaza's 2.3 million people are now displaced, with hundreds of thousands facing starvation. The international community remains divided, as Israel has not commented on the latest wave of strikes.
Meanwhile, talks of a potential 60-day ceasefire continue with no resolution in sight. This is not just a war â itâs a humanitarian catastrophe.
#Gaza #Palestine #Israel #GazaUnderAttack #HumanitarianCrisis #GazaAirstrikes #CeasefireNow #StopTheWar #MiddleEastCrisis #WarCrimes #SaveGaza #IDF #Hamas #UN #BreakingNews #GazaChildren #GazaBombing #FreePalestine
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Tensions flare in the Middle East after Yemen's Houthi rebels launched a ballistic missile towards Israel, triggering air raid sirens and prompting a sharp U.S. response. In a fiery statement, U.S. Ambassador to Israel Mike Huckabee threatened to unleash B-2 Spirit stealth bombers on Yemen, escalating fears of a broader conflict. With Israel intercepting the missile and vowing retaliation, could the region be on the brink of a multi-front war? The B-2, capable of deep-penetration precision strikes, now looms as a symbol of American resolve. This video breaks down the attack, the U.S. warning, and the rising specter of military escalation from Gaza to Sanaa.
#HouthiMissile #IsraelUnderAttack #USvsYemen #B2Bomber #MiddleEastCrisis #GazaWar #YemenCrisis #IronDome #MikeHuckabee #IsraelNews #YemenAttack #StealthBomber #USMilitary #IDF #BreakingNews #Geopolitics #OneIndia #IsraelYemenTensions
sraelâs Defense Minister Israel Katz has issued a chilling warning to Yemenâs Houthi rebels after a ballistic missile was intercepted by Israeli defenses late Tuesday. Katz declared, âYemen will be treated like Tehran,â referencing recent joint Israeli-U.S. airstrikes on suspected nuclear sites in Iran. As air raid sirens rang out across central Israel and civilians scrambled for shelters, Katz warned: âWhoever raises a hand against Israel â that hand will be cut off.â
The intercepted missile, launched from Houthi-controlled Yemen, marks yet another escalation in the widening Middle East conflict. With Iran-backed militias in Lebanon, Iraq, and now Yemen intensifying attacks, analysts warn of a growing multi-front war. Will Israel carry out a preemptive strike on Yemen? Could U.S. bombers return to the skies?
Watch the full report for explosive details, regional analysis, and expert insights.
#Israel #Yemen #Houthi #MissileStrike #IsraelKatz #MiddleEastCrisis #GazaWar #Iran #IDF #BreakingNews #Tehran #Airstrike #USIsrael #WorldNews #Geopolitics
U.S. President Donald Trump has warned that New York City could lose over $100 million in federal funding if Democratic Socialist Zohran Mamdani becomes mayor. In a fiery Fox News interview, Trump labeled Mamdani a âpure communistâ and said his election would be âinconceivable.â
Mamdani, a rising progressive voice, has hit back, accusing Trump of using xenophobic and racially charged attacks to derail serious policy debate. The mayoral race is heating up as Mamdani promises to tax the wealthy and shift the burden off working-class New Yorkers.
Meanwhile, former Governor Andrew Cuomo may re-enter the race as an independent, turning this into a high-stakes national battle. Is Trump using funding threats as political blackmailâor is Mamdaniâs rise shaking the conservative establishment?
#ZohranMamdani #DonaldTrump #NYCMayorRace #TrumpVsMamdani #NYCElections #FederalFunding #ProgressivePolitics #CommunistAccusation #AndrewCuomo #PoliticalThreats #GracieMansion #TaxTheRich #TrumpNews #USPolitics
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Airstrikes and shootings killed 94 people in Gaza overnight, including 45 who were trying to access humanitarian aid, the Hamas-run health ministry and hospitals.. Sky News
The families of Israeli hostages Maxim Herkin and Bar Kuperstein have authorized the release of a deeply unsettling video snippet originally published by Hamas in April. This 44-second clip shows the two men, visibly distressed and pleading for their lives, as part of a strategic push by the families to secure a comprehensive hostage return deal with Hamas, rather than partial agreements. The Hostages and Missing Families Forum has condemned what it calls "cruel selections," demanding the return of all hostages.
#IsraelHamasWar #HamasHostageVideo #MaximHerkin #BarKuperstein #IsraeliHostages #HostagesPlead #GazaHostages #HamasTerror #BringThemHome #IsraelHamasWar #HostageCrisis #GazaConflict #SaveTheHostages #IsraelUnderAttack #HamasCaptives #HostageNegotiations #Hostages #Gaza #Israel #Hamas #BreakingNews #Netanyahu #WorldNews #OneindiaNews #NovaFestival
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Hamas has indicated it is open to a ceasefire agreement but has effectively rejected the latest American-backed proposal, insisting that any deal must lead to a permanent end to the war in Gaza. This response comes after US President Trump announced the plan, urging Hamas to accept the terms before conditions worsen. While Israel has reportedly agreed to the initial terms, it maintains that the war will not officially end until its objective of dismantling Hamas is achieved.
#IsraelHamasWar #GazaCeasefire #HamasCeasefire #TrumpCeasefirePlan #TrumpGazaCeasefire #IsraelHamasCeasefire #CeasefireTalks #HamasResponse #TrumpOnCeasefire #GazaWarUpdates #CeasefireDeal #HamasDemands #USCeasefirePlan #CeasefireNegotiations #HamasRejectsDeal #TrumpNetanyahu #MiddleEastConflict #GazaCrisis #IsraelHamasConflict #CeasefireLatest
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Chilling new video captures the exact moment an Israeli drone strike destroyed a vehicle on a busy civilian road in Khaldeh, south of Beirut. The targeted attack, which took place amidst regular traffic, resulted in the death of one individual and left three others injured. The incident has sent shockwaves through the region and raised fears of a wider conflict.
The Israeli Defense Forces (IDF) swiftly claimed responsibility for the strike. In a public statement, the IDF claimed it had successfully targeted and eliminated a militant affiliated with Iranâs Quds Force. According to Israeli military sources, the individual killed was deeply involved in smuggling weapons into the region and was actively planning terror attacks against both Israeli civilians and military forces. However, neither Israeli nor Lebanese officials have officially released the name or confirmed the identity of the person killed.
This strike is not an isolated event but the latest in a series of escalating Israeli military actions in Lebanon following the collapse of a ceasefire weeks ago. On July 2, another Israeli airstrike in a civilian zone in Nabatieh injured two people, including a child. Furthermore, Israeli troops recently conducted a raid in the Al-Adisa area, targeting Hezbollah fighters. This pattern of conflict was also seen on June 28, when an Israeli drone strike in Kounine killed three people, including senior Hezbollah leader Hassan Hammoudi. These continuous strikes are fueling a volatile situation on the Israel-Lebanon border.
#Israel #Lebanon #DroneStrike #Beirut #Khaldeh #IDF #QudsForce #Hezbollah #MiddleEast #BreakingNews #PressTV #UAVStrike #CivilianCasualties #Netanyahu #Iran #LebanonConflict #TerrorPlot #IDFStrike #BeirutBlast #SouthBeirut #Airstrike #IDFOperations #GazaWar #IsraelIran #ConflictZone #LiveFire #LebanonNews #DroneFootage #HezbollahTarget #StrikeAlert #CeasefireCollapse
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Israeli-backed American contractors guarding aid centres in Gaza are using live ammunition and stun grenades as starving Palestinians scramble for food, an.. Sky News
Iranâs so-called Axis of Resistance is reportedly unraveling as Hezbollah suffers catastrophic losses in its war against Israel. According to Israeli intelligence assessments, Hezbollah has lost over 4,000 fighters and has been forced to abandon nearly 80% of its territory along the southern Lebanon front. The heavy casualties and shrinking strongholds mark the groupâs worst setback in decades
#HezbollahIsrael #IsraelHezbollah #HezbollahVsIsrael #IsraelVsHezbollah #HezbollahIsraelWar #IsraelHezbollahWar #IsraelAndHezbollah #HezbollahIsraelNews #HezbollahIsraelConflict #IsraelHezbollahClash #HezbollahWarnsIsrael #IsraelAttackHezbollah #HezbollahAttacksIsrael #IsraelHezbollahClashes #MiddleEastWar #LebanonIsraelTensions
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