America's key oil storage hub in Cushing, Oklahoma, is close to running dry amid a war with Iran.
The facility holds just 21.6 million barrels, barely above the 20 million threshold where the system effectively fails.
Industry leaders warn prices could rise toward $160 per barrel or higher if the Strait of Hormuz remains closed.
AI-generated summary was reviewed by a CNN editor.
Cushing, Oklahoma, dubs itself the pipeline crossroads of the world. The tagline is emblazoned on a giant roadside sign fashioned out of pipes on the corner of Main Street and South Stiles Road. It has a valve and everything.
