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 shocking turn of events, Israel has launched one of its biggest and most daring strikes on Yemenâs capital, Sanaâa, killing Houthi Prime Minister. The attack marks a staggering escalation in the Israel-Houthi conflict, as Israeli fighter jets targeted key Houthi leadership inside the heart of Sanaâa. Houthi PMâs assassination not only sends shockwaves through Yemen but also rattles the balance of power across the Middle East. The Houthis, already engaged in a fierce standoff with Israel, have vowed retaliation after what they call a âcowardly act of aggression.â Analysts believe this move could trigger an unprecedented regional backlash, dragging Iran and other actors further into the conflict. With growing tensions in the Red Sea and the Gulf of Aden, this development raises questions: Has Israel made its biggest mistake yet? Or is this a strategic masterstroke? The fallout could redefine the Middle East battlefield.
#Israel #Houthis #Yemen #Sanaa #MiddleEast #BreakingNews #IsraelStrike #WarNews #AhmedAlRahawi #HouthiPM #IsraelHouthisWar #Airstrike #IsraelVsHouthis #YemenCrisis #RedSeaTensions #IsraelAttack #HouthisRetaliation #GlobalNews #MiddleEastConflict #Escalation
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IDF vs Houthis All-Out War: Tensions in the Middle East exploded as the IDF launched a powerful strike during a live televised speech by Houthi leader Abdul-Malik al-Houthi. Cameras captured the massive explosion in real time, sending shockwaves across Yemen and beyond. The dramatic strike underscores the intensifying Israel-Houthi confrontation, with fears mounting of an all-out regional war as both sides escalate attacks.
#IsraelBombsYemen #IsraelBombsSanaa #IsraelStrikesYemen #IsraelAttacksYemen #IsraelYemenWar #IsraelVsYemen #YemenVsIsrael #IDFBombsYemen #IsraelYemenConflict #IsraelYemenTensions #IsraelYemenAttack #IsraelYemenStrike #MiddleEastWar #YemenIsrael #IsraelBlastYemen
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Israel has launched a major airstrike on Yemenâs capital Sanaâa, with the IDF claiming to target top Houthi leaders inside a key assembly building. Explosions ripped through the city within minutes, fueling speculation that Israel directly struck Houthi command structures in retaliation for recent missile attacks on its territory. The sudden escalation raises fears of a wider Middle East war as both sides intensify cross-border strikes.
#IsraelBombsYemen #IsraelBombsSanaa #IsraelStrikesYemen #IsraelAttacksYemen #IsraelYemenWar #IsraelVsYemen #YemenVsIsrael #IDFBombsYemen #IsraelYemenConflict #IsraelYemenTensions #IsraelYemenAttack #IsraelYemenStrike #MiddleEastWar #YemenIsrael #IsraelBlastYemen
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In a fiery intervention at the United Nations, China accused Israel of being the âoccupying powerâ in Gaza and demanded an immediate halt to its plans to seize Palestinian land. Speaking at the UN, Chinese Deputy Permanent Representative Geng Shuang warned that Israelâs intentions would further inflame regional tensions and undermine peace efforts. He sharply criticized Israel for showing âlow political willâ toward any genuine action for peace, accusing Tel Aviv of escalating the conflict instead of resolving it. China reaffirmed its support for a two-state solution and emphasized the urgent need for the international community to hold Israel accountable. The strong remarks mark one of Beijingâs boldest positions yet on the Gaza crisis, underscoring its growing influence in Middle East diplomacy. Israel has yet to respond formally, but the comments highlight widening global divisions over Gaza and the future of the Palestinian territories.
#China #Israel #UnitedNations #Gaza #Palestine #OccupyingPower #MiddleEastConflict #GengShuang #UNSpeech #IsraelPalestine #TwoStateSolution #ChinaUN #GlobalDiplomacy #GazaCrisis #UNResolution #IsraelOccupied #ChinaIsrael #PeaceTalks #Geopolitics #BreakingNews
The Middle East spirals into deeper chaos as Hamas vows revenge after Israeli airstrikes killed 10 people in Yemenâs capital, Sanaâa. The strikes followed Houthi missile attacks on Tel Aviv, intensifying Israelâs two-front war. Hamas denounced Netanyahuâs âfascist aggressionâ and urged Arab unity, while Islamic Jihad signaled readiness to join the fight. Analysts warn that a Hamas-Houthi-Islamic Jihad coalition, backed by Iran, could overstretch the IDF. With Netanyahu rejecting peace deals and Iran pushing for revenge, fears of World War 3 escalation grow.
#Israel #Hamas #Houthis #IslamicJihad #GazaWar #BreakingNews #MiddleEastCrisis #Netanyahu #Iran #WorldWar3 #USIsrael #ZionistAggression #IDF #WarCrimes #TelAviv #Sanaa #YemenStrikes #ArabUnity #GazaCrisis #IranBacked #GlobalConflict #IsraelVsHouthis #GazaOffensive #HamasRevenge #MiddleEastTensions
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President Donald Trump has nominated State Department spokesperson and longtime Fox News contributor Tammy Bruce as the next U.S. deputy representative to the United Nations. Bruce, a fierce defender of Trumpâs âAmerica Firstâ policies, has served as State Department spokesperson since his inauguration in January. Known for defending the administrationâs tough stances on immigration, Russiaâs war in Ukraine, and Israelâs Gaza offensive, Bruce is expected to bring combative rhetoric to the UN stage.
Her appointment will require Senate confirmation, where Republicans hold a majority. Trump praised her âfantastic jobâ at State, while Bruce called the role an honor and vowed to continue advancing U.S. priorities abroad. She will serve under Mike Waltz, Trumpâs pick for UN envoy, whose confirmation is pending. The move signals Trumpâs push for loyalist voices in high-profile diplomatic posts at a time of intense geopolitical tensions.
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In a scathing rebuke, top Trump aide Stephen Miller has accused India of "financing Russiaâs war in Ukraine" by continuing to import oil from Moscow. Speaking on Fox News, Miller expressed alarm over Indiaâs near-parity with China in buying Russian crude â calling it an âastonishing fact.â This comes after President Trump, escalating economic pressure, imposed a 25% tariff on Indian goods and warned of a potential 100% tariff on imports from countries dealing with Russia.
Indian officials, however, remain firm on maintaining ties with Moscow for oil purchases. The Indian Embassy in Washington has not responded, but sources told Reuters that New Delhi will not bow to threats. Miller noted Trump's "tremendous" relationship with PM Modi, but the strong rhetoric signals a shift. The stakes are high, and tensions are brewing as Trump's foreign policy sharpens its focus on global alignments.
#Trump #India #RussiaUkraineWar #RussianOil #StephenMiller #Modi #Tariffs #USIndiaTensions #OilImports #Geopolitics #BreakingNews #FoxNews #IndoPacific #TrumpAdministration #USIndiaRelations #EnergyCrisis #Reuters #TradeWar #Moscow #Ukraine
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In a major blow to Israelâs military campaign, the IDF was forced to withdraw after four hours of intense combat in Gaza City. Hamas fighters repelled Israeli helicopters, tanks, and heavy shelling using guerrilla tactics and close-quarters combat. The clash left 12 Israeli casualties, including one dead soldier, while the fate of four missing troops remains uncertain. With fierce resistance in Al-Sabra and Khan Younis, Gaza City has become a deadly stronghold for Hamas. Despite mounting losses, Prime Minister Netanyahu remains determined to press forward.
#Israel #IDF #Gaza #Hamas #MiddleEastConflict #WarUpdates #BreakingNews #GazaCity #Resistance #MilitaryClash #Netanyahu #HostageCrisis #CombatZone #IsraelPalestine #DefenseForces #GuerrillaWarfare #GlobalNews #ConflictUpdate #MilitaryCrisis #IntenseCombat #WarFront #Casualties #MilitarySetback #InternationalNews #OccupiedTerritory #WarReport #HamasResistance #IsraelUnderFire #HostageDeal #MiddleEast
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The IDF has confirmed the recovery of the body of Israeli hostage Ilan Weiss, who was killed by Hamas and held in Gaza for nearly two years. His remains were retrieved during a special IDF raid, marking a deeply emotional moment for his family and Israel. The discovery underscores the continuing toll of the conflict, the plight of hostages, and Israelâs determination to bring its citizens home, even in the face of long-standing battles with Hamas.
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In a dramatic escalation of Israelâs ground operations, IDF troops have uncovered and destroyed a massive Hamas tunnel stretching nearly one kilometer beneath Gazaâs Zeitoun area. The tunnel, fortified with living quarters and packed with weapons, was allegedly used by Hamas operatives to stage attacks against Israeli forces. Soldiers from the elite 7th Brigade under the 99th Division spearheaded the operation, working closely with the Israeli Air Force to dismantle the underground infrastructure. The IDF confirmed that several Hamas operatives were neutralized during the raid, while stockpiles of weapons were seized. The discovery underscores Israelâs ongoing efforts to eliminate Hamasâ extensive tunnel network, which has long been a central feature of the groupâs warfare strategy. With the destruction of this tunnel, Israel signals a sharp blow to Hamasâ operational capabilities in southern Gaza.
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Gaza witnessed one of its deadliest days yet as 75 Palestinians were killed and 370 wounded in just 24 hours during a full-scale confrontation between Hamasâs Al-Qassam Brigades and the Israeli Defense Forces (IDF). Fierce battles raged across Gaza City, with tanks, drones, and airstrikes striking densely populated neighborhoods. Civilians bore the brunt of the violence â among the dead were 18 people shot while seeking food aid, while hospitals, markets, and displacement tents also came under attack.
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Israel Vs Hamas FULL SCALE WAR: Israel's war on Hamas has escalated to a full-scale offensive, with new footage capturing the horrifying moment a second strike slammed into Al-Nasser Hospital in Gaza. The attack, which killed and injured dozens, has sparked outrage as medics, patients, and civilians were caught in the blasts. The strike comes amid heavy bombardment across Gaza City, raising international alarm over repeated violations of humanitarian law and the targeting of medical facilities.
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Tensions between the Houthis and Israel have reached a boiling point after reports emerged that a brutal airstrike in Yemenâs capital, Sanaâa, killed the Houthi Prime Minister and several associates. While Israel has not officially confirmed responsibility, Houthi officials have vowed severe retaliation, promising to âpunish Tel Avivâ and escalate military actions.
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Gaza War BREAKING: Israel has escalated the Gaza War, with the IDF declaring Gaza City a âdangerous combat zoneâ and halting all humanitarian aid. This move comes amid intensified battles and heavy bombardment, raising fears of a worsening humanitarian crisis. The announcement signals a new phase in the war as Israel tightens its grip while international pressure mounts over civilian casualties and aid restrictions.
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