Who holds the biggest emergency oil reserves?

Iran's effective blockade of the Strait of Hormuz has pushed dozens of countries to tap their emergency oil stockpiles. But what exactly are strategic reserves, and who holds the world's biggest crisis-ready supplies?

Key takeaways

Quick scan — what you need to know:

• Iran's effective blockade of the Strait of Hormuz has pushed dozens of countries to tap their emergency oil stockpiles.
• But what exactly are strategic reserves, and who holds the world's biggest crisis-ready supplies?

Background

What led here, in plain terms:

• s-ready supplies? Iran's effective blockade of the Strait of Hormuz has pushed dozens of countries to tap their emergency oil stockpiles. But what exactly are strategic reserves, and who holds the world's biggest…
• Full context often emerges as officials, markets, or courts add updates.

Why it matters

Why readers and decision-makers should care:

• Iran's effective blockade of the Strait of Hormuz has pushed dozens of countries to tap their emergency oil stockpiles.
• But what exactly are strategic reserves, and who holds the world's biggest crisis-ready supplies?