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Bloomberg MarketsPayPay, SoftBank Raise $879.8 Million in Payments Firm’s US IPOBloomberg MarketsSoybeans in Spotlight as Trade Chiefs Prepare for Trump-Xi MeetBloomberg MarketsYen Nears Year’s Low as Strategists See Higher Intervention BarFinancial TimesUS to draw down 172mn barrels of oil from SPR as part of global releaseFinancial TimesUS launches new trade probes into a series of countries and the EUFinancial TimesOracle prepares for lay-offs as it hails efficiencies from AI coding toolsBloomberg MarketsUS Launches Trade Probe Into China, EU in Trump’s Tariffs RevivalBloomberg MarketsUS to Release 172 Million Barrels of Oil for IEA Relief PlanBloomberg MarketsStocks Slide, Oil Advances as Iran War Extends: Markets WrapBloomberg MarketsJPMorgan Says Hedge Funds Hit by Worst Drawdown Since AprilBloomberg MarketsPrivate Credit’s Redemption Pressure Roller CoasterFinancial TimesTrump’s Iran war pushes petrol past $3.50 in test of US voter patienceBloomberg MarketsPrivate Credit Exodus Forces Caps at Cliffwater, Morgan StanleyBloomberg MarketsGold Falls as Traders Weigh Fading Rate-Cut Bets and Rising OilBloomberg MarketsWar Jitters Put Stocks Under Pressure | The Close 3/11/2026Bloomberg MarketsPayPay, SoftBank Raise $879.8 Million in Payments Firm’s US IPOBloomberg MarketsSoybeans in Spotlight as Trade Chiefs Prepare for Trump-Xi MeetBloomberg MarketsYen Nears Year’s Low as Strategists See Higher Intervention BarFinancial TimesUS to draw down 172mn barrels of oil from SPR as part of global releaseFinancial TimesUS launches new trade probes into a series of countries and the EUFinancial TimesOracle prepares for lay-offs as it hails efficiencies from AI coding toolsBloomberg MarketsUS Launches Trade Probe Into China, EU in Trump’s Tariffs RevivalBloomberg MarketsUS to Release 172 Million Barrels of Oil for IEA Relief PlanBloomberg MarketsStocks Slide, Oil Advances as Iran War Extends: Markets WrapBloomberg MarketsJPMorgan Says Hedge Funds Hit by Worst Drawdown Since AprilBloomberg MarketsPrivate Credit’s Redemption Pressure Roller CoasterFinancial TimesTrump’s Iran war pushes petrol past $3.50 in test of US voter patienceBloomberg MarketsPrivate Credit Exodus Forces Caps at Cliffwater, Morgan StanleyBloomberg MarketsGold Falls as Traders Weigh Fading Rate-Cut Bets and Rising OilBloomberg MarketsWar Jitters Put Stocks Under Pressure | The Close 3/11/2026
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Iran war: Trump will release 172 million barrels of oil from Strategic Petroleum Reserve

CNBC Top News
Wednesday, March 11, 2026 at 11:44 PM
~4 min read
Energy

Original Report

The U.S. currently has 415 million barrels of oil in its strategic reserve, about 58% of the authorized capacity of 714 million barrels.

Glass House Analysis

Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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