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Vance intervenes to halt Ukrainian strikes on oil tankers
(www.telegraph.co.uk)
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this post was submitted on 13 Aug 2026
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I'm being speculative on everything besides the oil reserves keeping costs down and that supplies of our emergency reserves are being used up. At the current rate of loss, there's another 11 or so months total left before hitting empty, and the US absolutely will not let the emergency reserves go to empty.
As to the speculative bits: The US government is a pretty easy book to read at this point. Trump has the logic of a ten year old and his base is nothing but sheep with short memories. The oil reserves HAVE to stop getting used, and Trump always blames anyone else for anything bad that happens. So when the oil prices don't get subsidized, prices will go up, and he will say it's all the Democrats fault. Then of course more expensive fuel means more expensive transport costs for goods, which means your cost of your favorite cookies that was packaged 4 states over is also going to cost more.
https://www.businessinsider.com/us-oil-reserves-lowest-since-1983-spr-iran-war-wti-2026-8