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Thurs, Mar 12th
US National News icon US NATIONAL NEWS | disclaimer | more news
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CNBC World News: Iran war: Trump will release 172 million barrels of oil from Strategic Petroleum Reserve
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Searching for 'war release'. (Return)

CNBC World NewsMar 11, 2026
Iran war: Trump will release 172 million barrels of oil from Strategic Petroleum Reserve
The U.S. currently has 415 million barrels of oil in its strategic reserve, about 58% of the authorized capacity of 714 million barrels.

CNBC World NewsMar 11, 2026
Brent crude hits $100 a barrel as reserve release plans fail to ease Iran war-led supply worries
The IEA said Wednesday that its 32 member countries would release 400 million barrels of oil from emergency reserves.

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Washington Post World NewsMar 11, 2026
Nations agree to release oil reserves as war in Iran hits global economy
The International Energy Agency announced that it would carry out its largest-ever release of oil reserves — 400 million barrels.

CNBC World NewsMar 11, 2026
IEA agrees to release record 400 million barrels of oil to address Iran war supply disruption
The move comes as the Iran war continues to choke off traffic through the strategically vital Strait of Hormuz.
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