Browsing Tag
Strategic Petroleum Reserve
5 posts
U.S. crude stock draw exposes how Iran war is turning America into the swing supplier buyers need
U.S. crude exports are surging as Iran war disrupts supply. The catch is America’s own oil cushion is shrinking fast.
Hormuz crisis: Six nations demand Iran end attacks and open strait to commercial shipping
UK, France, Germany, Italy, Netherlands and Japan condemn Iran's Strait of Hormuz attacks and call for compliance with UN Security Council Resolution 2817.
Brent crude tops $105 as Strait of Hormuz remains shut in largest supply disruption in global oil market history
Oil rises to $105 as US-Israeli war on Iran threatens Gulf export terminals and keeps Strait of Hormuz shut in the biggest supply disruption in history.
Trump administration authorises 172 million barrel SPR drawdown as 32 IEA nations coordinate record emergency oil release
US releases 172 million barrels from the Strategic Petroleum Reserve as IEA coordinates a record 400 million barrel drawdown amid Iran war supply disruption.
BWXT and APTIM secure $2.6bn deal to manage U.S. Strategic Petroleum Reserve
BWXT and APTIM secure a $2.6B contract to operate the U.S. Strategic Petroleum Reserve. Find out how this shapes the future of national energy security.