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Thursday morning news: March 12, 2026
4 Articles
4 Articles
Thursday morning news: March 12, 2026
The news of the day, including President Trump touts global oil reserve release amid rising fuel prices, Israel continues strikes against Iran proxy Hezbollah in Lebanon, Iowa bars local pro-“transgender” ordinances, and deadly tornado rips through Midwest
The evidence condenses that the US might have bombed the girls' school in Iran. The Greens in the Bundestag want to learn from the election in Baden-Württemberg. BMW boss Oliver Zipse no longer wants to complain.
Iran Conflict Upends Jet Fuel, Diesel, and Marine Fuel Supplies
The escalating conflict in Iran, which erupted on February 28, 2026, involving U.S. and Israeli forces against Iranian targets, has sent shockwaves through global energy markets. What began as targeted strikes has morphed into a full-scale disruption of one of the world’s most critical energy chokepoints: the Strait of Hormuz. This narrow waterway, through which roughly 20% of global oil supplies and a significant portion of refined products tra…
Morning Business Report: Global oil reserve release proposed as markets watch Iran conflict and rising fuel costs 41NBC News
(LILAMAX)- According to reports, member countries are expected to decide whether to release emergency oil stockpiles in an effort to stabilize crude prices. The proposal comes as energy markets face pressure following the near-total closure of the Strait of Hormuz, a narrow waterway connecting the Persian Gulf to global shipping routes and one of the most critical oil transit chokepoints in the world. The disruption has pushed oil prices higher …
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