According to federal data released Monday, #US officials released another 8.9 million barrels from the #SPR last week alone.

That leaves the US #emergency #oil reserve with 340.3 million barrels of crude….

The last time the SPR had less oil than today was July 1983, when the Reagan admin was filling the reserve for the first time & when the US had a smaller #economy.

#TrumpsWar #IranWar #Trump #law #Congress #WarPowers #NationalSecurity #inflation #affordability #CostOfLiving #EnergyCrisis

#TrumpsWar #EnergyCrisis

#US emergency #oil stockpile tumbles to lowest since the Reagan administration

The amount of oil in the US Strategic Petroleum Reserve [#SPR] plunged last week to the lowest level since 1983 as the #Trump admin continues to deploy emergency oil to minimize the damage from his #war with #Iran.

#IranWar #law #Congress #WarPowers #geopolitics #NationalSecurity #economy #inflation #affordability #CostOfLiving #oil #energy
https://www.cnn.com/2026/06/15/business/spr-lowest-since-1983

US emergency oil stockpile tumbles to lowest since the Reagan administration

The amount of oil in the US Strategic Petroleum Reserve plunged last week to the lowest level since 1983 as the Trump administration continues to deploy emergency oil to minimize the damage from the war with Iran.

CNN
(This post is being modified)

Electrification jumps up corporate agenda:

“Geopolitical instability has made electrification more urgent for four in five business executives responding to one of the biggest corporate polls since the Middle East energy crisis.”

https://www.ft.com/content/336ad7d4-15b3-4033-9ff3-3ae03111eb1f?syn-25a6b1a6=1

#Climate #Energy #Electricity #Electrification #Renewables #Industry #EnergyCrisis

Electrification jumps up corporate agenda after energy crisis, survey finds

Security and cost concerns elevate business push for overhaul of power systems

Financial Times
EU leaders cautiously welcome Trump’s Iran ceasefire deal, urging swift follow-through

Commission chief Urusula Von der Leyen emphasized reopening the Strait of Hormuz should be a priority.

POLITICO

Russia-Ukraine Conflict, European Policies and Global Politics: Key Developments of the Week

# Russia-Ukraine Conflict, European Policies and Global Politics: Key Developments of the Week## IntroductionThe past week witnessed several important developments related to the Russia-Ukraine conflict, European security policies, international sanctions, and geopolitical strategy. According to various reports, military, diplomatic, and economic activities continue to shape the broader international landscape.## Uncertainty Around Peace NegotiationsReports suggest that recent discussions […]

https://notetubeorg.wordpress.com/2026/06/15/russia-ukraine-conflict-european-policies-and-global-politics-key-developments-of-the-week/

Russia-Ukraine Conflict, European Policies and Global Politics: Key Developments of the Week

# Russia-Ukraine Conflict, European Policies and Global Politics: Key Developments of the Week## IntroductionThe past week witnessed several important developments related to the Russia-Ukraine con…

NoteTube
June 14, 2026 — US and Iran reach agreement that includes opening Strait of Hormuz

The US and Iran say they have reached an agreement that will take effect on Friday. President Donald Trump says the Strait of Hormuz will reopen upon signing.

CNN

"𝘎𝘳𝘦𝘢𝘵 𝘯𝘦𝘸𝘴!" The UK economy 𝘴𝘩𝘳𝘢𝘯𝘬 by 𝟬.𝟭% in April. Don't worry though, #RachelReevesMP assures us this party of a 'robust contraction' and her plan to watch energy prices skyrocket is going perfectly to schedule.

#CostOfLivingCrisis #UKlabour #EnergyCrisis

AI upskilling can transform Spain’s economy

Forty years ago, on June 12, Spain formally anchored its future to the European Union. As the tremors of the 1979 energy crisis subsided and our new institutions dismantled decades of isolation, th…

POLITICO

“At Sany, one of China’s top producers of electric trucks, executives…pointed to a more than 70 per cent year-on-year increase in industry-wide sales since the war started…

“We have to thank Trump. He created an opportunity for us,” Huang Tie, deputy general manager of the group’s truck manufacturing unit, told the FT.”

https://www.ft.com/content/12d0d1e4-d08c-4014-8a8a-b4b4f7044fcf?shareType=nongift&syn-25a6b1a6=1

#EV #BEV #Transport #EnergyCrisis #IranWar #Hormuz #Energy #Climate #China #Trade #Industry

Trump’s Iran war has propelled China’s cleantech industry

Disruption to global energy supplies sparks surge in demand for alternatives

Financial Times