Countries May Build More Strategic Petroleum Reserves Moving Forward

Emergency oil relief goes beyond crude. Coordinated releases include refined products, while continued drawdowns leave a smaller cushion against supply disruption. Alex Hodes, StoneX Director Energy Market Strategy, explains how the US Strategic Petroleum Reserve has helped alleviate some of the Hormuz influence oil crisis, and why more countries may build bigger SPRs in the future as a result of it. View his full report in the related video.