The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
As the Trump administration says it's winning the war with Iran, Tehran hits 3 ships near the Strait of Hormuz, and Dubai airport, and warns banks are next.
Three ships in the Persian Gulf reported a hit from suspected Iranian drones. It comes as the U.S. steps up attacks on the Iranian navy and both sides fight to control the Strait of Hormuz, a key waterway for global oil supplies. Matt Gutman has the latest.