How quickly could it realistically be replenished if some kind of detente were reached and supply roughly returned to where it is was? Would replenishment contribute significantly to price pressure?
I imagine pretty slowly because it's not just the US drawing down their reserves but every country, and everyone is going to want to replenish it at the same time.
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It does contribute to price pressure. The knowledge that the US has to buy oil to replenish will keep prices higher.