U.S.-Iran war Archives - Oil & Gas 360

Strategic oil reserve buying set to support crude demand through 2028

July 9, 2026

(BOE Report) – Governments are set to buy millions of barrels of oil through 2028 to rebuild emergency reserves depleted by drawdowns to plug a gap in global supply caused by the U.S.-Israeli war on Iran, analysts and officials said. This could boost demand for crude that would absorb some of the expected global supply surplus following OPEC+’s decision to

From Panic to Ruin to Revolution: How the 1970s Oil Shock, Iran’s Upheaval, and the 1980s Crash Still Govern American Energy Power

May 8, 2026

(Oil & Gas 360) By Greg Barnett, MBA – The modern American oil and gas system was not engineered in calm conditions. It was forged amid gasoline lines, collapsing banks, and geopolitical revolutions that redirected the flow of oil and power simultaneously. The 1973 oil embargo and the 1980s oil crash are usually treated as bookends of a turbulent era. They

U.S.-Iran war

Strategic oil reserve buying set to support crude demand through 2028

From Panic to Ruin to Revolution: How the 1970s Oil Shock, Iran’s Upheaval, and the 1980s Crash Still Govern American Energy Power

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