According to the WSJ, a global fuel crisis is unfolding as worldwide fuel reserves have been declining for six consecutive months. Heads of oil companies reportedly stated that global reserves are depleting, despite assurances from the Trump administration that disruptions were temporary. Recent attacks on a key oil pipeline in Saudi Arabia resulted in a loss of at least 2.5 million barrels of oil in a single day.

Trump is reportedly blaming Ukraine for the crisis, although the article suggests that his administration's failed campaign in Iran, which resulted in the loss of control over transit corridors, is a more significant factor.