The US petroleum reserves have fallen to their lowest level in more than four decades as tensions with Iran continue to impact energy security. New figures indicate that crude oil inventories have declined sharply, raising concerns about supply levels in the United States.
According to a Bank of America chart, the United States has enough oil for approximately 43 days of supply. The figure marks the lowest level since July 1983 and highlights increasing pressure on the country’s energy reserves.
Recent data from the US Energy Information Administration (EIA) supports the decline in US petroleum reserves. Commercial crude oil inventories stood at about 409.7 million barrels as of July 10, remaining nearly six percent below the five-year average.
The Strategic Petroleum Reserve also continued to shrink. As of July 18, the reserve dropped to approximately 316.5 million barrels, marking its lowest level since April 1983, according to the latest official figures.
Combined commercial and strategic US petroleum reserves now total around 730.8 million barrels. Analysts view this as one of the lowest overall inventory levels recorded in more than 40 years.
The decline follows a period of heightened geopolitical tensions between Washington and Tehran. Concerns over regional instability have kept global energy markets focused on supply risks and reserve levels.
Although oil prices have recently eased following diplomatic developments between the United States and Iran, officials continue to monitor inventory trends closely. The latest figures underline the importance of maintaining stable energy supplies during periods of geopolitical uncertainty.
