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400mn barrels of crude made available as governments race to tackle energy shock
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February inflation was unchanged but predates surge in energy prices The Washington PostHere's the inflation breakdown for February 2026 — in one chart CNBCTame CPI Still Spells Trouble for Fed's Favored Inflation Gauge Bloomberg.comStock Market Today: IEA to Launch Record Oil Reserves Release; Dow Slips as Inflation Holds Steady — Live Updates WSJ
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Wealthy nations pledge record release of emergency oil reserves in a bid to calm surging prices AP NewsCountries agree on historic release of crude reserves to lower oil and gasoline prices CNNCountries agree to a historic release of stockpiled oil to ease global disruption NPRIEA agrees to release record 400 million barrels of oil to address Iran war supply disruption CNBC
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Live updates: Strait of Hormuz in crosshairs of Iran conflict as attacks on ships escalate CNNIran escalates attacks on infrastructure and transport networks across the Gulf The GuardianIran War Live Updates: Iran Lays Mines in Strait of Hormuz, Triggering U.S. Response WSJIran Live Updates: 32 Countries to Release Oil Reserves as Strait of Hormuz Attacks Increase The New York TimesLive updates: Global energy concerns mount as Iran effectively stops cargo traffic in the Strait of Hormuz AP News
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Members of the International Energy Agency have announced a coordinated release of 400 million barrels of stockpiled oil in an attempt to counter the disruption in oil trade triggered by the Iran war.
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Opinions on where oil prices are headed from here could be an important decision driver.
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Iran targets ships, Dubai airport and oil facilities as economic concerns mount AP NewsView Full Coverage on Google News
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Nations agree to release oil reserves as war in Iran hits global economy The Washington Post'Largest ever' oil reserve release agreed by 32 countries, as Strait of Hormuz ships attacked BBCLive updates: Ships attacked near key shipping lane as Iran launches its 'most intense' strikes of the war NBC NewsThree cargo ships struck off Iran's coast, UK says, including one in Strait of Hormuz CNBC
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Iran says oil will reach $200 a barrel, warns of 'continuous strikes' ReutersIran tells world to get ready for oil at $200 a barrel as it fires on merchant ships ReutersNot ‘a litre of oil' to pass Strait of Hormuz, expect $200 price tag: Iran Al JazeeraIran threatens to deprive US, Israel of all o
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Treasury yields were edging up Tuesday, but traded below levels seen Monday when inflation fears tied to oil's surge were rising.
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A day after the price of oil had spiked to nearly $120 a barrel, the S&P 500 ended Tuesday 0.2 percent lower, even as the U.S. bombing campaign of Iran intensified.
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Prices are up 21% from a month ago with the oil market roiled by the U.S.-Iran war.
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Oil prices surpassed $90 a barrel Friday, with American crude settling at $90.90, up 36% from a week ago.
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