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U.S. Strategic Petroleum Reserve hits lowest level since 1983 as oil prices surge

September 6, 2026
in Market & News
Reading Time: 1 min read
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Crude oil prices are back over $100 per barrel as the war in Iran escalates. This comes as the U.S. continues to deplete its Strategic Petroleum Reserve to 40-year lows, as it tries to buffer the economic impact of the war. NBC News’ Allie Canal reports.

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