📈 US crude stockpiles just hit their lowest level since 2004. EIA data: crude inventories fell -10.6M barrels last week to 1.57B. Commercial + government stocks dropped -15.9M — the 2nd-largest weekly draw on record. US crude exports surged to 13.6M bpd (2nd-highest ever) as Asia and Europe replace lost Middle Eastern supply. The Strategic Petroleum Reserve fell another -7.9M barrels, now down -58M since the Iran conflict started — sitting at 357M, lowest since Jan 2024. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: The US is acting as the lender of last resort for global oil. Record export pace + collapsing SPR = structural supply tightness that keeps inflation elevated. With the Fed already pricing in rate hikes on strong jobs data, this oil draw adds another layer of price pressure. Risk-off macro for BTC remains intact. --source: https://x.com/KobeissiLetter/status/2063061574114230773 Track real-time signals & trade → https://hupzy.com/trending(Hupzy (Spot On Chain))