2026 Iran Oil Crisis: Global SPR, Deficit & 2-Year Projections

Data since Feb 28, 2026 attacks. Deficit ~7 mbpd peak (now moderating). Sources: IEA/EIA/World Bank (as of May 2026).

1. Strategic Reserves Left (Million Barrels) - Post-March IEA Release

2. Daily Oil Consumption (mbpd) - Top Countries

3. Projected Global Deficit & Brent Oil Price (Next 24 Months)

4. Key Country Metrics & Risk

Country	SPR Left (M bbl)	Consumption (mbpd)	Est. Days Cover (at full rate)	Risk Level
China	1400	16.2	~86+	Low (buffered)
US	410	20.5	~20 (but net exporter)	Low
Japan	390	3.1	~126	Medium
India	25	5.3	~5-10 (dedicated)	High (deep ka-ka)
South Korea	110	2.5	~44	Medium-High
Germany	177	2.1	~84	Medium
Philippines/Pakistan/etc.	Minimal	Low but 90%+ ME imports	Weeks	Extreme

Projections assume tapering deficit (7→2 mbpd) due to demand destruction + partial recovery. Prices rise with sustained gap but moderate long-term. Non-SPR importers (SE Asia, Africa, South Asia) face rationing/shortages first. Copy this HTML to a .html file to view interactively.