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SignificantEconomyThe Independent·The Independent

US oil reserves are so low amid Trump’s Iran war the caverns holding them could be damaged

The Independent reported that U.S. oil reserves are at critically low levels amid heightened tensions with Iran. This supply strain coincides with drivers facing record-high gasoline prices at the pump, with the national average reaching $4.07 per gallon in mid-August.

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Saturday, August 15, 2026 at 04:37 PM EDT
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