U.S. crude oil supplies have fallen to their lowest level in 45 years as President Donald Trump continues to wage war against Iran — with only 43 days of global supply left.
There now exists a thinner cushion against any potential disruptions should the fighting in the Middle East escalate further. According to Bank of America Global Research Data, compiled by Bloomberg, the U.S. has just 43 days of crude oil supply, including that of the Strategic Petroleum Reserve, compared with a long-term average of about 65 days.
The data shows the measure falling to its lowest level since the 1980s. The decline comes as markets fear tightening crude supplies as the U.S. continues to bomb Iran, raising concerns over shipments through the Strait of Hormuz. It comes after an embarrassing final video of Lindsey Graham exposed him humiliatingly mocking Trump over his Iran war flip-flopping.
https://www.themirror.com/news/world-news/only-43-day-emergency-buffer-1969944