The #IAEA said it had proposed releasing 400 million barrels per day from strategic #oil reserves.
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The #IAEA said it had proposed releasing 400 million barrels per day from strategic #oil reserves.
It said 32 member countries had unanimously agreed to make emergency reserves available to the market.
The release would take place over a timeframe that was appropriate to the national circumstances of each member country, the IEA said.
The agency's secretariat will provide further details of how the collective action would be implemented.
#Trump #Iran #war #inflation
https://www.reuters.com/world/iran-war-live-tehran-continues-fire-israel-targets-across-middle-east-2026-03-11/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement -
The #IAEA said it had proposed releasing 400 million barrels per day from strategic #oil reserves.
It said 32 member countries had unanimously agreed to make emergency reserves available to the market.
The release would take place over a timeframe that was appropriate to the national circumstances of each member country, the IEA said.
The agency's secretariat will provide further details of how the collective action would be implemented.
#Trump #Iran #war #inflation
https://www.reuters.com/world/iran-war-live-tehran-continues-fire-israel-targets-across-middle-east-2026-03-11/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagementEarlier Wednesday 3 vessels were hit by “unknown projectiles” in the #StraitOfHormuz, maritime #security & risk firms said.
That brings the number of ships struck in the region since the #Iran #war began to at least 14.
The Thai-flagged Mayuree Naree dry bulk vessel had been struck by "two projectiles of unknown origin", causing a fire & damaging the engine room, the ship's Thai-listed operator Precious Shipping said in a statement.
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Earlier Wednesday 3 vessels were hit by “unknown projectiles” in the #StraitOfHormuz, maritime #security & risk firms said.
That brings the number of ships struck in the region since the #Iran #war began to at least 14.
The Thai-flagged Mayuree Naree dry bulk vessel had been struck by "two projectiles of unknown origin", causing a fire & damaging the engine room, the ship's Thai-listed operator Precious Shipping said in a statement.
"Three crew members are reported missing & believed to be trapped in the engine room," Precious Shipping said.
"The company is working with the relevant authorities to rescue these three missing crew members," it said, adding that the remaining 20 crew members had been safely evacuated & were ashore in #Oman.
Images provided by the #Thai navy showed smoke pouring out of the back of the ship.
#US #Iran #Israel #war #Trump #Netanyahu #geopolitics #MiddleEast
https://www.reuters.com/world/iran-war-live-tehran-continues-fire-israel-targets-across-middle-east-2026-03-11/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement -
"Three crew members are reported missing & believed to be trapped in the engine room," Precious Shipping said.
"The company is working with the relevant authorities to rescue these three missing crew members," it said, adding that the remaining 20 crew members had been safely evacuated & were ashore in #Oman.
Images provided by the #Thai navy showed smoke pouring out of the back of the ship.
#US #Iran #Israel #war #Trump #Netanyahu #geopolitics #MiddleEast
https://www.reuters.com/world/iran-war-live-tehran-continues-fire-israel-targets-across-middle-east-2026-03-11/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement#Iran's Guards said in a statement carried by the Tasnim news agency that the ship was "fired upon by Iranian fighters", suggesting the first direct engagement by the Guards who have previously fired missiles or drones.
#US #Iran #Israel #war #Trump #Netanyahu #geopolitics #MiddleEast
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#Iran's Guards said in a statement carried by the Tasnim news agency that the ship was "fired upon by Iranian fighters", suggesting the first direct engagement by the Guards who have previously fired missiles or drones.
#US #Iran #Israel #war #Trump #Netanyahu #geopolitics #MiddleEast
Iran's military command said on Wednesday the world should be prepared for #oil to hit $200 a barrel, as 3 more ships came under attack in the blockaded Gulf.
"Get ready for oil to be $200 a barrel, because the oil price depends on regional security which you have destabilised," Ebrahim Zolfaqari, spox for Iran's military command said in comments addressed to the #UnitedStates.
#ForeverWars #US #Iran #Israel #war #Trump #Netanyahu #warmonger #RegimeChange #RulesOfWar #geopolitics #MiddleEast
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Iran's military command said on Wednesday the world should be prepared for #oil to hit $200 a barrel, as 3 more ships came under attack in the blockaded Gulf.
"Get ready for oil to be $200 a barrel, because the oil price depends on regional security which you have destabilised," Ebrahim Zolfaqari, spox for Iran's military command said in comments addressed to the #UnitedStates.
#ForeverWars #US #Iran #Israel #war #Trump #Netanyahu #warmonger #RegimeChange #RulesOfWar #geopolitics #MiddleEast
After offices of a #bank in #Tehran were hit overnight, Zolfaqari also said #Iran would respond with attacks on banks that do business with the #US or #Israel.
People across the #MiddleEast should stay 1,000 metres from banks, he added.
All #HSBC branches will be closed in #Qatar until further notice to ensure the safety of customers & staff, the bank wrote in a text message to customers after Iran threatened to target economic & banking interests linked to the US & Israel in the region.
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After offices of a #bank in #Tehran were hit overnight, Zolfaqari also said #Iran would respond with attacks on banks that do business with the #US or #Israel.
People across the #MiddleEast should stay 1,000 metres from banks, he added.
All #HSBC branches will be closed in #Qatar until further notice to ensure the safety of customers & staff, the bank wrote in a text message to customers after Iran threatened to target economic & banking interests linked to the US & Israel in the region.
French President Emmanuel #Macron is chairing a video conference meeting of #G7 leaders to discuss the impact of the #Iran #war on the world #economy.
#France currently holds the rotating G7 presidency. Other member states are Britain, Germany, Italy, Japan, Canada & the United States.
#ForeverWars #US #Israel #Trump #Netanyahu #warmonger #WarCrimes #RegimeChange #RulesOfWar #law #Congress #WarPowers #geopolitics #MiddleEast
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