|
The U.S. currently has 415 million barrels of oil in its strategic reserve, about 58% of the authorized capacity of 714 million barrels.
|
|
The IEA said Wednesday that its 32 member countries would release 400 million barrels of oil from emergency reserves.
|
RELATED ARTICLES | | |
|
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.
|
|
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.
|
|
;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.
|
|
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.
|
RELATED ARTICLES | | |
|
The United States and Israel launched more strikes against Iran, where crowds mourned military commanders killed in the war. Israel also bombed targets in Lebanon, where the death toll climbed.
|
|
The move aims to prevent prices from rising further because of the war in the Middle East.
|
|
The International Energy Agency announced that it would carry out its largest-ever release of oil reserves — 400 million barrels.
|
|
The move comes as the Iran war continues to choke off traffic through the strategically vital Strait of Hormuz.
|
|
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.
|
RELATED ARTICLES | | |
|
Strong winds are likely across many parts of the UK and conditions are turning colder towards the end of the week.
|
|
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.
|
RELATED ARTICLES | | |
|
Oil prices moved higher on Wednesday as markets continue to watch developments in the U.S.-Iran war.
|
|
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."
|
|
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.
|
|
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.
|
|
