US emergency oil stockpile plunges to lowest level since Reagan era amid West Asia war

New Delhi [India], June 16 (ANI): The US Strategic Petroleum Reserve tumbled last week to its lowest level since 1983 as the Trump administration continues to deploy emergency oil to minimize economic damage from the war with Iran. Citing federal data released on Monday, a CNN news report highlighted that US officials released another 8. 9 million barrels from the emergency stockpile last week alone.