Global & US Headlines
Iran Blocks Hormuz and Strikes Dubai, Forcing Record 400-Million-Barrel Emergency Oil Release Plan
On 11 Mar 2026 Iran widened the war by droning Dubai’s airport and hitting at least three merchant ships, effectively freezing the Strait of Hormuz and vowing to target regional banks, triggering the IEA’s proposal for an unprecedented 400-million-barrel drawdown of strategic reserves.