There's been talk today in the financial markets that oil will go to $200 per barrel with the Strait of Hormuz being closed.U.S. details its participation in the IEA coordinated SPR release.
— Javier Blas (@JavierBlas) March 11, 2026
Washington will release 172 million barrels over a 120 day period, equal to a flow of ~1.4 million barrels per day. https://t.co/49R2oq8esU
You read the Wall Street journal article for free to see how we got to dipping into our oil reserves.Trump’s head-spinning turn on an emergency oil reserve, w a free link: https://t.co/WdWDbzTkE6
— Josh Dawsey (@jdawsey1) March 11, 2026
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