WASHINGTON, United States, June 16, 2026 (BSS/AFP) - US strategic oil stockpiles sank last week to their lowest level since 1983 as the US-Iran war slowed crude deliveries, government data showed Monday.

The US Strategic Petroleum Reserve fell to 340.3 million barrels, down 8.9 million from the prior week, according to weekly figures released by the US Department of Energy. That's the lowest level since July 1983.