According to data from the US Department of Energy, crude oil reserves in the US strategic petroleum reserve plan fell to 282.7 million barrels last week, the lowest level since October 1982. On the 20th, Reuters quoted data from the US Department of Energy as reporting that crude oil reserves in the US strategic petroleum reserve plan fell to their lowest level in 44 years. On October 15, 1982, the crude oil reserves in the US strategic petroleum reserve plan were 280.82 million barrels. The US Department of Energy issued a statement on March 11 saying that it will release 172 million barrels of strategic oil reserves in about 120 days to cope with the rise in oil prices caused by the US and Israel's military attacks on Iran. According to the US Department of Energy, the US can release strategic oil reserves through “sales” and “exchange.” Under the “swap” method, refining companies can borrow crude oil from strategic reserves due to emergencies such as hurricanes, oil pipeline blockages, or waterway closures, and then return the full amount. Before the US-Israel conflict broke out on February 28, the crude oil reserves in the US strategic oil reserve plan were 415.4 million barrels.

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