32 countries, including UK, agree biggest-ever release of oil reserves - follow latest on Iran war

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The White House is betting it can ride out higher oil prices for as long as four weeks before taking lasting political damage

BREAKING NEWS

US warns Iranians to flee ports along Strait of Hormuz

Oil relief in sight?

The IEA announced its largest-ever release of strategic oil reserves, as the war in Iran roils energy markets.

Breaking News

Thirty-two countries will release 400 million barrels of oil to help shore up global supply as the war with Iran rages on.

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Three ships hit in Strait of Hormuz - as Iran issues grim financial threat

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Iran's participation in the tournament has been in doubt after the U.S. and Israel launched attacks on Iran starting on Feb. 28.