'Tank Bottoms' Loom At Cushing After Across-The-Board Inventory Draws, Another Huge SPR Drain

'Tank Bottoms' Loom At Cushing After Across-The-Board Inventory Draws, Another Huge SPR Drain Oil prices bounced higher overnight after the US and Iran exchanged new strikes despite their purported ceasefire, rekindling uncertainty about an end to the Middle East war. The latest strikes were the most serious since an April ceasefire, and came despite a series of headlines suggesting talks on a deal were progressing. "A fresh exchange of strikes between the two countries is testin...