Oil prices resume rally as traders shrug off prospect of historic reserve release

Summary

• Summary pending editorial review.

Key Facts

Fact	Value
Source	Oil & Gas
Published At	2026-03-11

Sources

• Oil & Gas: https://news.google.com/rss/articles/CBMilwFBVV95cUxQRno4QVE0M3FyZUczVW5UdmUxLU03WG1KYkpocGxvaVZFTTlLb0FHR09vbHd5bEF5NXNBZEVpa3dfcjlsaTdlNnFLSFNwb2pCRGdjcVU4N0lZelBPS29maGEyM296dFhmM1NUYjFKbFB2YjlSbmVFREo5TlV4SWdaVFFLQUhQaWpINkZvMWktSTNsVXNoSjZZ0gGcAUFVX3lxTE1GOUJacG1NWkNKYlpmLVdxQ3FPamxPY2swcDkzWVhlbXBUbS1VSlVzM3loQ0RabzFsNVFKaGh5c2hfYWY3NXo5Y180azRBYVNlYVU3NElYWVhVSmkza1VjcURpaU04YTZ6eXNLem8yNEczOXE3NmpJWk9nVkFHc0ZvdUU5RVNfM29HMjA1MHRMMTBJZ214U1hUZUVweA?oc=5

Updates

Update at 10:01 UTC on 2026-03-11

CNBC reported Oil prices moved higher on Wednesday morning as markets continue to watch developments in the U.S.-Iran war.

Sources: CNBC

Update at 07:31 UTC on 2026-03-12

EuroNews reported Concerns grow over potential stagflation in Europe amid ongoing Middle East conflicts.

Sources: EuroNews