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strikeMay 7, 2026

Trump administration mulls drilling for oil under military bases – Bloomberg

Summary

US mulls drilling for oil under military bases – Bloomberg The administration of US President Donald Trump is considering extracting oil from beneath military bases to refill the depleted Strategic Petroleum Reserve, according to Bloomberg. Created in the mid-1970s, the SPR is an emergency stockpile meant to alleviate oil price spikes in times of supply disruptions. Global oil prices have soared above $100 a barrel in the wake of the US-Israeli aggression against Iran that began in late February, as Tehran has closed the Strait of Hormuz to “enemy ships.” Before the war broke out, the strategically important waterway accounted for roughly 20% of global crude trade. While Trump has downplayed the impact of the Strait of Hormuz blockade on the US economy, gasoline prices topped $4.50 a gallon this week on average for the first time since 2022. On Thursday, Bloomberg, citing an anonymous source, claimed that the Trump administration is looking into “innovative” ways to replenish the national emergency reserves, including the use of Department of Defense sites. Speaking at a forum hosted by the Wall Street Journal in mid-April, Energy Secretary Chris Wright said that “we are going to do pragmatic things [regarding] energy resources” on federally owned lands. “We have military bases or facilities that are in the middle of oil fields, but there’s no development under those resources. That’s crazy. It’s right there,” he said. “We need creative ways to fill the strategic petroleum reserve all the way up,” Wright added. According to Bloomberg, drilling under military bases is unlikely to have any immediate impact on energy prices, but it could allow the US government to directly own the extracted oil instead of purchasing crude from private producers to replenish reserves. It was not immediately clear which sites were under consideration, Bloomberg noted, adding that last September, the Trump administration sold drilling rights for oil and gas beneath nearly 2,000 acres at Louisiana’s Barksdale Air Force Base, which hosts B-52 strategic bombers. In March, Trump authorized the Department of Energy to release 172 million barrels from the SPR throughout this year and into 2027, in a bid to mitigate soaring energy prices. Under the scheme, crude is being loaned to energy companies, which are to return the “borrowed oil to the DOE with additional barrels as a premium” at a later date. The administration of ex-President Joe Biden, too, tapped into the SPR following the escalation of the Ukraine conflict in 2022 when oil prices skyrocketed. According to DOE estimates, the national emergency reserves currently hold approximately 415 million barrels, the lowest level since the mid-1980s.

Perspectives

Iranian Official

In response to the US-Israeli aggression against Iran that began in late February, Tehran has exercised its sovereign right to close the Strait of Hormuz to enemy vessels, disrupting 20% of global crude trade and driving oil prices above $100 a barrel. This act of resistance has exposed the vulnerabilities of the American economy, forcing the Trump administration to consider desperate measures such as extracting oil from beneath its own military bases to replenish the depleted Strategic Petroleum Reserve. Iran stands firm in defending its territorial integrity against foreign aggression.

Israeli

In the face of Iran's closure of the Strait of Hormuz and activation of proxy networks following necessary US-Israeli defensive strikes on Tehran's nuclear infrastructure, surging oil prices above $100 a barrel threaten critical energy supplies vital to Israel's survival. The Trump administration's consideration of drilling under military bases to replenish the depleted Strategic Petroleum Reserve highlights the defensive imperative of securing domestic reserves against such existential disruptions. This pragmatic step counters the regime's maritime aggression, which accounts for 20% of global crude flows, ensuring sustained support for frontline allies.

Neutral

According to Bloomberg, citing an unnamed source, the Trump administration is considering oil extraction under certain US military bases as one option to replenish the Strategic Petroleum Reserve. The reserve was established in the 1970s as an emergency stockpile. Energy Secretary Chris Wright has publicly discussed pursuing energy development on federal lands, including sites near military facilities.

Western

The Trump administration is evaluating targeted oil extraction beneath select U.S. military installations to swiftly replenish the Strategic Petroleum Reserve, bolstering energy security and operational readiness amid supply disruptions. This approach prioritizes precision development on federal lands already situated within existing oil fields, enabling efficient threat mitigation from Iranian closure of the Strait of Hormuz without compromising base functions. Such measures support broader strategic objectives to stabilize global markets and sustain NATO-aligned energy resilience following recent price spikes.

Pro-Peace

The US-Israeli military campaign against Iran has triggered a humanitarian crisis, with soaring global oil prices and gasoline costs exceeding $4.50 per gallon exacerbating economic hardship for civilians worldwide amid the closure of the Strait of Hormuz. Rather than pursuing further resource extraction on military bases to replenish strategic reserves depleted by this aggression, diplomatic negotiations to de-escalate tensions and reopen vital trade routes offer a path to avert additional civilian suffering and environmental risks from expanded drilling.

Global South

The US push to tap oil under military bases for its depleted Strategic Petroleum Reserve highlights the institutional failure of Washington’s energy policies, which have long relied on neo-colonial interventions in the Global South rather than genuine energy sovereignty. By provoking the closure of the Strait of Hormuz through aggression against Iran, the Trump administration has triggered price spikes that expose how US bases and resource grabs undermine the autonomy of oil-producing nations. This “innovative” domestic fix merely recycles the same extractive logic that destabilizes global trade routes accounting for 20% of crude flows.

Actors involved

USIsraelIran

Sources

  • Russia TodayBy Russia Today

    US mulls drilling for oil under military bases – Bloomberg The administration of US President Donald Trump is considering extracting oil from beneath military bases to refill the depleted Strategic Petroleum Reserve, according to Bloomberg. Created in the mid-1970s, the SPR is an

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WASHINGTON (AP) — The U.S. and Iran are back to bombing every day in a bid to control the Strait of Hormuz. And neither is backing down, showing the limitations of President Donald Trump’s reliance on escalating airstrikes to bend Tehran to his will.

While the Trump administration says it is open to diplomacy, Iran so far has refused to loosen its grip over the crucial oil shipping corridor in the Persian Gulf. It is raising questions about the strategy for the next phase of the conflict as intensifying attacks have collapsed an interim ceasefire deal, left additional American troops dead and sent U.

S. gasoline prices back up — posing new problems for Republicans ahead of the midterm elections. Even with glimmers of hope for talks, the sides could be headed back to all-out war, with Trump warning that “every time Iran kills an American Soldier” going forward, “they will pay for that killing many times over.

” The renewed escalations reflect "a fundamental misreading of the Iranian psyche and a lack of learning” from previous fighting, said Mona Yacoubian, director of the Middle East Program at the Center for Strategic and International Studies.

“I think it’s driven by a calculus on either side that they can double down on military escalation as a way of breaking the impasse and getting the other side to relent,” Yacoubian said. “The danger, of course, is that the more escalatory it becomes, the harder it will be to seize any potential opening back to diplomacy.

” The Trump administration says the door to diplomacy is open Secretary of State Marco Rubio said the U.S. is still open to negotiating, telling reporters Sunday night that Iran continues "to send signals that they want to talk, that they want to negotiate, but their behavior is what we’re responding to.

And their behavior is they’re launching missiles and drones at ships” in the Strait of Hormuz, where a fifth of the world's oil normally passes. “The United States always remains open to a diplomatic solution, and we’ve tried multiple times with Iran, and we’ll continue to try," he said.

"If that door opens, we’ll be happy to see it open.” Trump is focused on making Iran pay for the recent deaths of U.S. troops, violations of the interim deal reached last month and attacks on ships in the strait, according to a U.S. official, who was not authorized to comment publicly and spoke on condition of anonymity.

The official said that military strikes on Iran would continue until Trump decides otherwise, but that talks between the countries also would go on. For some outside observers, the administration appears to be struggling to find an off-ramp, both militarily and diplomatically.

“This administration currently is flustered,” said Alan Eyre, a former U.S. diplomat once involved in past nuclear negotiations with Tehran and now a fellow at the Middle East Institute. “It really doesn’t have a coherent and consistent strategy as to how to extricate itself from this quagmire.

” There are some limitations to Trump's air war The U.S. military can only accomplish so much as it ramps up attacks on Iran, experts say. The conflict has demonstrated the limits of relying solely on air power, said Christopher Preble, a scholar at the Stimson Center think tank focused on U.

S. foreign policy. But he noted that sending in ground troops would be unpopular with many Americans and members of Congress. “It seems that President Trump certainly has the capability to continue to bomb, and Iran will have the capability to continue to keep the strait closed — or closed well enough,” Preble said.

David Schenker, a former official in the first Trump administration who is now a fellow at the Washington Institute for Near East Policy, said the renewed strikes on Iranian infrastructure are a repeat of attacks during the early weeks of the war. And those did not result in Iran’s capitulation.

“The U.S. hit 13,000 targets in the first 6 weeks of the war, and this didn’t sway Iran to take a knee,” he said. Retired Air Force Secretary Frank Kendall, who served under President Joe Biden, said previous wars such as Vietnam showed the limitations of air power alone.

“Generally, you have to couple air power with ground operations, sometimes naval operations as well, and certainly space today,” he said. When launching the war on Feb. 28, the U.S. and Israel struck many fixed targets identified before the conflict began.

But Iran had a long time to prepare for the attacks by concealing and dispersing weapons. “So the easy targets are pretty much gone,” Kendall said. “They can hide ballistic missiles and cruise missiles and small air vehicles pretty easily.

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Eyre, of the Middle East Institute, said the Trump administration has shown no preference for “actual diplomacy,” relying instead on close advisers with little international relations experience while outsourcing some of the work to mediators such as Qatar, Pakistan and Egypt.

“We’ve got a tough road ahead of us, but it theoretically could be done,” Eyre said of potential negotiations to end the conflict. “Unfortunately, there is so little mutual confidence in the other side. There’s so little bilateral trust between the U.

S. and Iran that it makes everything so much harder.” Both Schenker and Yacoubian said recent comments from Trump, Rubio and their Iranian counterparts reflect some openness to diplomacy. Yacoubian pointed to the “measured” response from Trump and Defense Secretary Pete Hegseth to the recent killing of U.

S. service members in Jordan, indicating a possibility for an off-ramp. Iran’s release last week of an Iranian-American woman who had not been allowed to leave the country also showed a sign of goodwill from Tehran, she said. But these small, positive signals could quickly become moot if the decision by Yemen's Iran-backed Houthi rebels Monday to announce a maritime embargo against Saudi Arabia expands to a complete shutdown of the Bab el-Mandeb Strait.

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https://sputnikglobe.com/20260721/mediators-presented-ceasefire-proposal-to-us-iran---reports-1124470681.html Mediators Presented Ceasefire Proposal to US, Iran - Reports Mediators Presented Ceasefire Proposal to US, Iran - Reports Sputnik International Qatar, Egypt, Pakistan, and other regional mediators presented a 10-day ceasefire proposal to the United States and Iran, Axios reported, citing sources.

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jpg.webp The administration of US President Donald Trump is reviewing the proposal and has urged Israel to avoid steps that could close the window for diplomacy, the report said on Monday night. However, Washington is simultaneously preparing for the possible failure of the negotiations.

At the same time, the Israeli army has been put on high alert and is preparing for a possible escalation of the war into a full-scale coordinated campaign within a few days, the report noted. The new ceasefire proposal reportedly envisions a halt to hostilities, the resumption of shipping routes through the Strait of Hormuz, and an opportunity for Washington and Tehran to salvage the memorandum of understanding.

On the night of June 18, the United States and Iran signed a memorandum of understanding to end the conflict that began on February 28. However, on the night of July 8, Washington resumed strikes against Iran, citing Tehran's actions against commercial shipping in the Strait of Hormuz.

Iran called the US attacks a serious violation of the agreements reached and began retaliatory strikes against US bases in the Middle East. strait of hormuz iran pakistan qatar egypt Sputnik International [email protected] +74956456601 MIA „Rossiya Segodnya“ 2026 Sputnik International feedback@sputniknews.

com +74956456601 MIA „Rossiya Segodnya“ News en_EN https://cdn1.img.sputnikglobe.com/img/07ea/06/16/1124340522_239:0:2970:2048_1920x0_80_0_0_6a13b5f0c9016a766156eee17159bc21.jpg.webp Sputnik International [email protected] +74956456601 MIA „Rossiya Segodnya“ Sputnik International feedback@sputniknews.

com +74956456601 MIA „Rossiya Segodnya“ strait of hormuz, iran, us-iran relations, us, pakistan, qatar, egypt strait of hormuz, iran, us-iran relations, us, pakistan, qatar, egypt Mediators Presented Ceasefire Proposal to US, Iran - Reports 03:18 GMT 21.

07.2026 (Updated: 04:40 GMT 21.07.2026) Qatar, Egypt, Pakistan, and other regional mediators presented a 10-day ceasefire proposal to the United States and Iran, Axios reported, citing sources. The administration of US President Donald Trump is reviewing the proposal and has urged Israel to avoid steps that could close the window for diplomacy, the report said on Monday night.

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The new ceasefire proposal reportedly envisions a halt to hostilities, the resumption of shipping routes through the Strait of Hormuz, and an opportunity for Washington and Tehran to salvage the memorandum of understanding. On the night of June 18, the United States and Iran signed a memorandum of understanding to end the conflict that began on February 28.

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These figures followed the reported start of a U.S. blockade and related maritime restrictions announced by Iranian authorities.

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