The U.S. is maxing out its strategic oil reserves as Trump vows to control the Strait of Hormuz

Updated July 13, 2026, 10:30 p.m. ET President Donald Trump made a new push Monday to exert more control over the Strait of Hormuz, a global oil chokepoint that is over 7,000 miles from the U.S. The tensions come as a fragile U.S.-Iran cease-fire deal has been unraveling, and as another crisis brews closer to home: […]

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Updated July 13, 2026, 10:30 p.m. ET

President Donald Trump made a new push Monday to exert more control over the Strait of Hormuz, a global oil chokepoint that is over 7,000 miles from the U.S.

The tensions come as a fragile U.S.-Iran cease-fire deal has been unraveling, and as another crisis brews closer to home: U.S. emergency crude-oil reserves now sit at their lowest levels since the 1980s, and are

plagued by aging infrastructure.

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