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.
America’s 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.
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Trump has promised to end the wars in the Middle East without saying how. He was a staunch defender of Israel during his previous term, and Netanyahu says they have spoken three times since Trump won the White House last week.
Credit: euronews (in English) Duration: 01:01Published
President-elect Donald Trump has chosen Rep. Mike Waltz of Florida to serve as his National Security Adviser in his second term. A combat-decorated Green Beret with extensive experience in Afghanistan, the Middle East, and Africa, Waltz brings a unique perspective to the role. In this video, we break down the potential impact of his appointment on U.S. foreign policy, particularly on key global conflicts like the Ukraine-Russia war, Israel-Hamas tensions, and relations with China and Iran. How will Waltz’s military background influence Trump’s "America First" agenda? Will his approach shift U.S. strategy on the world stage?
#MikeWaltz #TrumpNationalSecurityAdviser #MilitaryVeteran #GreenBeret #ForeignPolicy #RussiaUkraineWar #USPolitics #Trump2024
A deadly attack on the largest U.S. military command post in Syria has sent shockwaves through the region. Multiple rockets were fired at the base located at the al-Omar Oilfield in Dayr al-Zawr, Syria, triggering a series of powerful explosions. The assault marks a significant escalation in tensions between U.S. forces and regional resistance groups. While the full extent of the damage remains unclear, sources report widespread destruction at the command post, a key U.S. operational hub in Syria. The attack follows a pattern of increasing resistance strikes against American positions in the country and comes amid growing geopolitical volatility in the Middle East.
#USCommandPost #SyriaConflict #RocketAttack #MiddleEastTensions #USMilitary #AlOmarOilfield #ResistanceStrike #USForces #SyriaExplosion #RocketBlitz #SyriaWar #GeopoliticalCrisis #MiddleEastNews #MilitaryStrike #SyriaAttack
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In a significant escalation of military activity in the Middle East, Iraqi fighters launched a series of deadly drone strikes on Israeli military bases within a 24-hour period, marking a new phase in the region's ongoing conflict. The coordinated attacks targeted key Israeli installations, causing severe damage and triggering retaliatory strikes from Israeli forces.The airstrikes were reportedly carried out using advanced drones, with at least 8 separate attacks hitting various military targets, underscoring the growing sophistication and frequency of drone warfare in the region. The Iraqi militants, who have previously been involved in supporting Palestinian and Lebanese resistance efforts, reportedly coordinated the strikes in response to ongoing Israeli military actions in Gaza and Lebanon.
#IraqiAttack #IsraelUnderAttack #TiraCarmelBase #HaifaStrike #RegionalConflict #MiddleEastTensions #IraqiBackedAttacks #IsraelSecurity #MilitaryStrikes #IraqIsraelConflict #IsraeliDefense #HaifaExplosion #IsraelMilitaryResponse #ConflictEscalation #MiddleEastCrisis
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In a chilling development, the Palestinian Islamic Jihad has released a third video of hostage Sasha Trufanov, showing him speaking about his age as 28—despite having turned 29 two days prior. This video, the latest in a series, raises new questions about the psychological warfare being waged by terror groups against hostages and their families. Trufanov, an engineer from Israel, was taken captive during the brutal October 7 Hamas massacre, along with three family members. While some hostages have been released, Sasha’s fate remains uncertain as Israel continues negotiations for his release. Watch the video to learn more about the ongoing crisis and its impact.
#SashaTrufanov #PalestinianIslamicJihad #HostageCrisis #PsychologicalWarfare #HamasMassacre #Israel #MiddleEastConflict #HostageVideo #FreeSasha #Terrorism #IsraeliHostages #HumanRights #GazaCrisis
In a bold and devastating escalation, Hamas' al-Qassam Brigades have claimed responsibility for killing at least 20 Israeli Defense Forces (IDF) soldiers in just two days. The attacks, described as "multiple strikes" and "deadly ambushes," took place in the northern Gaza Strip and are being hailed as a significant counteroffensive against Israel's ongoing military aggression.
The Hamas statement emphasises the scale and precision of the operations, marking a major blow to Israeli forces who have been engaged in intensive airstrikes and ground operations in Gaza. According to Hamas, the resistance movement has successfully targeted Israeli soldiers, continuing their war of attrition against the occupying forces. The organisation vowed that these attacks are only the beginning, promising further strikes until the Israeli regime withdraws completely from the besieged Palestinian territory.
#HamasResistance #AlQassamBrigades #GazaStrike #IDFSoldiersKilled #DeadlyAmbush #GazaConflict #IsraelUnderAttack #HamasOffensive #IsraeliCasualties #PalestinianResistance #WarInGaza #MiddleEastTensions #IDFLosses #GazaWarUpdate #IsraelPalestine
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In a dramatic escalation of the ongoing conflict, Hamas forces executed a lethal ambush against Israeli troops, resulting in the deaths of four IDF soldiers. The Israeli forces were reportedly lured into a trap in northern Gaza, where Al-Qassam Brigade snipers delivered fatal shots with pinpoint accuracy. The ambush marks one of the deadliest encounters for the IDF in recent weeks, showcasing the tactical prowess of Hamas operatives. The incident further intensifies the already fierce fighting in Gaza as Israeli forces continue their ground offensive, facing mounting resistance from entrenched Hamas fighters.
#HamasAmbush #IDFUnderAttack #SniperStrike #DeadlyAmbush #HamasVsIDF #GazaConflict #AlQassamSnipers #IDFCasualties #HamasTactics #IsraeliForcesTrapped #MiddleEastWar #HamasStrikeBack #SniperAssault #ConflictInGaza #EscalationAlert
In a dramatic shift, Qatar has pulled out as a key mediator in the Gaza ceasefire talks, citing Hamas's refusal to negotiate in good faith. This decision comes after intense pressure from the U.S. and Trump’s administration, which had made it clear that Hamas’s continued presence in Doha was no longer acceptable. Qatar informed both Israel and Hamas that it could no longer facilitate negotiations under these conditions. The move marks a significant turning point in Middle Eastern diplomacy, as Qatar, once a key mediator, distances itself from Hamas while signaling its readiness to re-engage only if both sides show a sincere willingness to negotiate. The pressure from the U.S. on Qatar to close Hamas’s office in Doha underscores the shifting dynamics of the region's diplomatic landscape.
#QatarWithdraws #GazaCeasefire #HamasDiplomacy #USPressure #TrumpPolicy #MiddleEastCrisis #QatarHamasBreak #IsraelHamasTalks #DiplomaticShift #GazaConflict #USForeignPolicy #QatarMediation #MiddleEastPeace #HamasTalks #CeasefireFailure
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As Israeli airstrikes and ground operations intensify in northern Gaza, families from Beit Hanoun are forced to flee their homes in search of safety. In this personal account, a Gazan woman narrates her terrifying escape through the streets under gunfire and shelling. Despite evacuation leaflets urging civilians to flee, Israeli tanks stopped their group, separating young men from women, and forcing them to continue their journey on foot. This video sheds light on the harsh realities of displacement in Gaza amid ongoing conflict, the desperate humanitarian crisis, and the challenges facing those caught in the crossfire. Watch to hear their stories of survival and resistance in the face of devastation.
#GazaCrisis #BeitHanoun #PalestinianRefugees #IsraelAirstrikes #GazaWar #MiddleEastConflict #DisplacedFamilies #PalestinianLives #HumanRights #WarzoneSurvival #GazaCity #IsraeliMilitary #CiviliansUnderFire #EvacuationCrisis
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On Monday, 16 OCT 23, on New Paradigms with Sargis Sangari, Episode #169, Ms. #ClareLopez, senior advisory board member of Near East Center for Strategic Engagement, The Director of U.S. Geostrategic..
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