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Oil Prices Surge After Iran Strike on US Tanker; US Releases 170 Million Barrels of Oil

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Oil Prices Surge After Iran Strike on US Tanker; US Releases 170 Million Barrels of Oil
Mar-12-2026
Oil prices surged again after Iran hit a U.S. tanker and other vessels in the Strait of Hormuz. The United States said it is releasing more than 170 million barrels of oil amid rising gas prices. The White House called on ABC News to retract a story over allegations of providing false information. Find out why the Trump adminis...
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