← /news·[ENERGY]·JUL 28·1 min read

U.S. Strategic Petroleum Reserve infrastructure shows stress as emergency drawdowns accelerate wear

The U.S. Strategic Petroleum Reserve carries authorized storage capacity of 714 million barrels, a figure cited by the Department of Energy, but the operational constraint drawing attention is not the storage ceiling.

$Marisol Quintero·NewsNTech

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Oil nears $100 as US military strikes multiple Iranian Revolutionary Guards ships

The constraint in global crude markets is throughput: military action against tanker traffic on contested supply routes lifts the risk premium embedded in barrel prices with near-mechanical speed.

Isaac Yerby·1 minSEP 08

[ENERGY]02

Oil climbs to $99 as Iran reportedly strikes U.S. Navy ships a second time

Oil prices reached $99 on Tuesday after reports surfaced that Iran had carried out a second undisclosed attack on U.S.

Isaac Yerby·2 minSEP 08

[ENERGY]03

Russia fires ballistic missiles at Kyiv hours after ceasefire expires, as U.S. peace push stalls

Russia launched ballistic and cruise missiles at Kyiv on Tuesday, hours after a three-day ceasefire expired, striking residential buildings in two city districts and setting fires across the capital that reached at least…

Chase Whitlock·1 minSEP 08