International Economic

Oil prices rise as Iran attacks ships; IEA proposes record reserve release

By Frank Prenesti

Date: Wednesday 11 Mar 2026

(Sharecast News) - Oil prices edged higher on Wednesday on reports that three vessels had been hit by "projectiles" in the Strait of Hormuz amid reports that Iran was laying mines in the key waterway.
Crude prices had fallen overnight on a report that the International Energy Agency was proposing the...

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