The US Strategic Petroleum Reserve (SPR) is at its lowest level since 1982, holding just under 290 million barrels, after years of drawdowns initiated by both the Biden and Trump administrations. These releases were intended to stabilize oil markets, particularly following the start of the US-Israeli conflict with Iran six months ago. Further planned releases will reduce the reserve to approximately 243 million barrels, pushing it closer to operational danger zones. Experts warn that operating below 250 million barrels risks damage to the SPR’s infrastructure, hindering its ability to respond effectively to future crises. President Trump has suggested refilling the reserve with Venezuelan oil, but the timeline and impact remain uncertain. The dwindling reserves raise concerns about the US’s capacity to manage future oil market disruptions stemming from the ongoing conflict.