Chris Martenson: U.S. fuel reserves drop as Iran war resumes

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08.07.2026

Chris Martenson: U.S. fuel reserves drop as Iran war resumes — U.S. fuel reserves fall amid Iran war

Chris Martenson flags a major drawdown in gasoline and diesel inventories, with the U.S. Strategic Petroleum Reserve (SPR) declining by another 6.2 million barrels to a total of 319 million barrels.

Martenson points to the combination of renewed conflict involving Iran and China permitting fuel product exports as factors that could lead to higher prices or extremely low fuel stocks.

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Martenson has recently tracked a 78 percent increase in U.S. airline fuel costs alongside economic pressure from rate hikes and bankruptcies. He also covered rising CPI and PPI inflation and a metals price rebound following a Trump-related announcement. These posts focus on cost surges and supply pressures across several sectors.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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