US, Strategic Petroleum Reserve is almost full

WASHINGTON (AP) – The United States’ emergency fuel tank — the Strategic Petroleum Reserve — is almost full for the first time since its creation about 30 years ago.

The milestone is significant because it gives the country a larger energy-security blanket than ever to call upon in the event of a future supply disruption. But the stockpiling of 700 million barrels of oil, which is scheduled for completion by the end of August, also could bring some immediate relief to the global energy market, analysts say.

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