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The World Is Draining Oil Reserves, Raising Pressure for a Peace Deal

The World Is Draining Oil Reserves, Raising Pressure for a Peace Deal
NYT Business Friday 12 June 2026, 09:05 UTC By Rebecca F. Elliott and Lazaro Gamio 1 min read
Key Points

The amount of oil and fuel stored by businesses and governments has fallen sharply since the start of the U.S.-Israeli war against Iran.

The amount of oil and fuel stored by businesses and governments has fallen sharply since the start of the U.S.-Israeli war against Iran.
The World Is Draining Oil Reserves (ORG) Iran (LOCATION)
Originally published by NYT Business Read original →

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