256 Newsroom — Uganda's Digital News Infrastructure
Business

Depleted strategic oil reserve nears level that raises concerns about damage to caverns, operations - CNBC

Published by CNBC By Spencer Kimball · 15 August 2026 at 16:18
Share
Depleted strategic oil reserve nears level that raises concerns about damage to caverns, operations - CNBC
Image · CNBC

What the report says

The rapid drawdown of the U.S. Strategic Petroleum Reserve could damage the caverns that store the oil, experts warn.

Read the full report at CNBC →

Loading debate for this article…

Other publishers covering this story

No additional verified coverage is currently clustered with this report.

More stories by this journalist

Other publications from this journalist — open any story without leaving the article page.

No other published stories from this publisher yet.

Related reporting

GUARDIANS OF KIKURUNGO | Part 7: Simba, The King of DogsSoftPower News Dr Elly Karuhanga: Let Tooro Choose PeaceSoftPower News Will Uganda’s NIN tax push deliver more revenue?The Independent Uganda COSASE Summons Hassan Basajjabalaba Over Shs140bn Bank of Uganda LoanNile Post Youth Wealth Creation Beneficiaries Appeal to Museveni Over KCCA Crackdown on Small BusinessesNile Post LAWRENCE KAZOOBA: Tooro’s Bitter Burial: When an MOU Met the Coffee BeansWatchdog Uganda