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US strategic oil reserves hit 43-year low as commercial stocks rise
📈 Business

US strategic oil reserves hit 43-year low as commercial stocks rise

The US government's strategic petroleum reserve has fallen to its lowest level in 43 years. At the same time, private commercial oil stocks in America unexpectedly rose — analysts consider the increase likely a one-off. The gap between the record-low strategic buffer and a temporary commercial surplus is raising concerns about US energy security.

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