Trump administration releasing 172 million barrels of oil from strategic reserve as Iran war causes soaring prices - CBS News
business 2026/03/12 00:00:00

Trump administration releasing 172 million barrels of oil from strategic reserve as Iran war causes soaring prices - CBS News

Source:CBS News
Author:Joe Walsh

President Trump ordered the release of 172 million barrels of oil from the U.S.’s Strategic Petroleum Reserve on Wednesday, after oil prices rocketed to their highest levels in years amid the U.S.’s war with Iran.