Strategic Petroleum Reserve News
Latest articles and news about Strategic Petroleum Reserve on AXL Media.
Latest Articles
- International Energy Agency Prepared for Unprecedented Emergency Oil Release as Iran Conflict Cripples Middle East Production
Published: Apr 13, 2026
Section: Iran War
IEA Executive Director Fatih Birol has signaled a readiness to deploy further emergency oil reserves as the conflict with Iran triggers the most severe energy disruption in history...
- Global Oil Prices Slump to $96 Despite Major Saudi Infrastructure Damage and Hormuz Blockade
Published: Apr 10, 2026
Section: Oil
Crude oil is on track for its steepest weekly decline since July 2025, with ICE Brent falling toward $96 per barrel despite confirmed reports of significant damage to Saudi Arabian...
- Global Oil Prices Surge Past $100 per Barrel Amid Shifting Middle East Conflict
Published: Apr 10, 2026
Section: Oil
Brent crude oil prices spiked to $100.99 per barrel on the morning of April 9, 2026, marking a 7.7% increase from the previous day. The surge comes as energy markets grapple with a...
- United States Authorizes Ten Million Barrel Strategic Oil Loan to Combat Iran War Supply Shortfall
Published: Apr 4, 2026
Section: Global Economy
The U.S. Department of Energy has announced an emergency loan of 10 million barrels of crude oil from the Strategic Petroleum Reserve at Bryan Mound to stabilize global markets. Th...
- South Korea Heightens Energy Crisis Alerts as Iranian Conflict Disrupts Critical Hormuz Strait Supply Routes
Published: Apr 3, 2026
Section: Opinion & Analyses
The South Korean government has escalated its crude oil supply warning to the "alert" level for the first time following significant disruptions in the Strait of Hormuz. New mandat...
- Interior Secretary Doug Burgum Attributes Energy Crisis to Biden Policies Amid Spiking Gas Prices Following Iran Attacks
Published: Mar 9, 2026
Section: World
Interior Secretary Doug Burgum has blamed the previous administration for the current volatility in energy markets, despite record-high domestic production recorded during the Bide...
- President Trump Weighs Easing Russia Sanctions to Stabilize Global Oil Prices Amid Ongoing Iran Military Campaign
Published: Mar 9, 2026
Section: Politics
The White House is considering a package of emergency economic measures, including the potential lifting of certain oil sanctions on Russia and the release of strategic reserves, t...