❗️🛢🇺🇸 The US continues drawing down its Strategic Petroleum Reserve (SPR) at record pace.
Weekly stockpiles fell another 1.2M barrels to 285.4M barrels, setting a new low since 1982.
The Strait of Hormuz remains closed. Iran recently announced it will further tighten restrictions in the Hormuz area.
September 8, 2026 361