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The U.S. currently has 415 million barrels of oil in its strategic reserve, about 58% of the authorized capacity of 714 million barrels.
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The IEA said Wednesday that its 32 member countries would release 400 million barrels of oil from emergency reserves.
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It comes as Iranian attacks on ships intensify in the crucial Strait of Hormuz waterway.
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President Donald Trump delivered a mixed message about the U.S.-Israeli war with Iran on Wednesday in his first remarks at a political rally since strikes began less than two weeks ago."You know, you never want to say too early you won," Trump told supporters at a packaging plant in Hebron, Kentucky.
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A military assessment suggests a U.S. Tomahawk cruise missile was responsible for at least 165 deaths at an Iranian girls' school, according to a U.S. official who was not authorized to speak publicly.
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Officials say Mojtaba Khamenei's legs were hurt, but the circumstances as well as the extent of his injuries were unclear. He has remained out of view since being announced as leader three days ago.
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Lebanon's health ministry said at least seven people were killed in the Beirut attacks early Thursday.
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;Resize=(620)) March 11, 2026 | Three cargo ships are struck with 'unknown projectiles' in the Strait of Hormuz as Iran ramps up threats of retaliation. The Liberals cheer the former NDP MP whose defection brings them closer to a majority. And, why millennials are being warned about colorectal cancer.
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The British government released new documents revealing that Prime Minister Keir Starmer knew his pick for U.S. ambassador had risky ties to the late convicted sex offender Jeffrey Epstein. NBC News' Hala Gorani details what the British government said and new revelations about Peter Mandelson's relationship with Epstein.
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With Iran attacking tankers in the Strait of Hormuz, President Trump and several other countries are tapping emergency reserves to bring down oil prices. NBC News' Garrett Haake reports.
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Pressure has intensified on the strait, one of the world's most important shipping lanes, since Israel and the US attacked Iran late last month.
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Israel and the Iran-backed armed group Hezbollah in Lebanon traded strikes on Wednesday. Three ships were hit near the Strait of Hormuz, a vital oil route.
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For years, China has flown military jets near Taiwan almost daily. Then they suddenly stopped, leaving analysts to wonder why.
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Six Palestinians have been killed during attacks by settlers in the West Bank since the start of Israel's war, the UN says.
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The IEA agreed Wednesday to release a record 400 million barrels of oil, and the U.S. would tap 172 million barrels from its Strategic Petroleum Reserve.
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The move aims to prevent prices from rising further because of the war in the Middle East.
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The International Energy Agency announced that it would carry out its largest-ever release of oil reserves — 400 million barrels.
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After 23 years running the Copenhagen restaurant, widely considered one of the most innovative and important in the world, the chef is leaving.
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At the vaunted restaurant's pop-up in the Silver Lake neighborhood, fallout from recent reports continued.
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The move comes as the Iran war continues to choke off traffic through the strategically vital Strait of Hormuz.
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Officials briefed the Senate Appropriations Subcommittee on Defense. One senator said he believes cost is higher since the figure didn't include aspects like munitions replacement.
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A trade investigation focuses on the European Union, China, India and other countries and will likely lead to tariffs to replace those struck down by the Supreme Court.
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For four years, Sasha-Jay's photos have been stolen from social media to impersonate her online.
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In a Capitol Hill briefing, officials gave their most comprehensive assessment of the cost of the first six days of the war, but the number omitted several aspects of the operation.
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Chile has sworn in its most right-wing president in decades — and his rise, and ideology, are rooted in a small town beneath the Andes.
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The 32-nation group will release 400 million barrels of oil from its reserve.
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The move comes weeks after the US Supreme Court struck down a key part of Trump's tariffs policies.
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Strong winds are likely across many parts of the UK and conditions are turning colder towards the end of the week.
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The Supreme Court, in a 6-3 ruling, said President Trump was not authorized by the International Emergency Economic Powers Act, IEEPA, to impose tariffs.
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Just before the war began, the Federal Bureau of Investigation told state officials that Iran might respond with drone attacks on California. No specific, credible threats have been identified.
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Turning Point USA, the right-wing campus group, is partnering with Arkansas and Indiana, the latest of several states to have similar arrangements.
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The wife of 'Grey's Anatomy' actor Eric Dane says caring for him gave her an "extra dose" of compassion for others.
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According to a preliminary investigation, the U.S. may have been using old intelligence during the targeting process of the strike on the Iranian elementary school. NBC News' Courtney Kube reports on President Trump's reaction and what we know about the investigation.
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French aid worker Karine Buisset died in the attack. Two others were also killed, according to rebel group M23. Congo's government and M23 blamed each other.
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Australia says it's given asylum to seven members of the Iranian national women's soccer team, but one has asked to return to Iran.
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Outdated intelligence likely led to a deadly missile strike on an elementary school in Iran, according to four sources familiar with an internal U.S. military investigation's preliminary findings
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The FBI has warned police departments in California that Iran wants to retaliate for American attacks by launching offensive drones against the West Coast, according to an alert reviewed by ABC News.
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Iran is set to play three games in the U.S. this June. But amid the U.S.-Israel military campaign that has killed Iran's supreme leader, Iran's sports minister said the team would pull out.
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Iran is not in a position to participate in the 2026 World Cup, says the country's Minister of Sports and Youth.
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Liam Óg Ó hAnnaidh, known as Mo Chara, had been accused of showing support for proscribed organisation Hezbollah following a gig in London in 2024.
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President Donald Trump announced "major combat operations" against Iran on Feb. 28.
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Oil prices moved higher on Wednesday as markets continue to watch developments in the U.S.-Iran war.
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Iranians cowered under the barrage as Pete Hegseth, the U.S. defense secretary, said the U.S. aimed to wipe out Iran's capacity to obtain nuclear weapons "forever."
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The figure, accounting for the war's first two days, is likely to intensify concerns in Congress that U.S. forces are churning through a scarce supply of advanced weaponry.
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On the first day of the war with Iran, a missile strike on an elementary school killed more than 170 people according to Iranian officials. Now one U.S. official and one person familiar with the preliminary findings of the U.S. investigation into the attack say it looks increasingly likely that a U.S. munition was responsible for the strike. NBC News' Molly Hunter reports.
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