That will take the level below 250 million barrels, enough to last the country just twelve days in an emergency.
Iran war: Trump will release 172 million barrels of oil from Strategic Petroleum Reserve
Wednesday, March 11, 2026
Cornyn is the scoundrel Texas deserves
Sen. John Cornyn flips on the filibuster to pass SAVE America Act as Trump weighs endorsement
Cornyn, who spent years defending the filibuster, is locked in a competitive GOP runoff in Texas against Ken Paxton, who has aligned with Trump on the issue. ...
You will not be any wiser for having read it
The best part was the professor who lamented Epstein's typos while he himself misused the word disinterest:
“It was nihilistic almost in its total disinterest in communicating,” Bessner said.
The dumbasses at Fox don't know the meaning of decimates, showcase an NSC liar THIS MORNING who says U.S. Navy escorted ships through Hormuz yesterday when they did not
To be fair, they're just repeating what our ignoramus in chief says.
Core cpi inflation still 2.45% year over year not seasonally adjusted, down from 2.50% yoy last month, Assembly of Experts expects higher next month
A little Iran humor for ya there.
Consumer prices rose 2.4% annually in February, as expected
... The data predates the recent surge in oil prices tied to the war with Iran, meaning any impact from higher energy costs will likely show up in the months ahead. ...
Outside the pandemic, we were last higher than this in Sep 2008.
Iran attacks vessels in the Persian Gulf but ships its own oil to China, threatens to mine the Strait of Hormuz as U.S. littoral combat ships prove inadequate as replacements for legacy minesweepers decommissioned last year
... The UKMTO said it had received 17 reports of incidents affecting vessels operating in and around the Persian Gulf, Strait of Hormuz and Gulf of Oman between Feb. 28, when the war began, and March 11. These include 13 attack reports and four reports of suspicious activity. ...
Iran sends millions of oil barrels to China through Strait of Hormuz even as war chokes the waterway
... Iran has sent at least 11.7 million barrels of crude oil through the Strait of Hormuz since the war began on Feb. 28, all of which were headed to China, Samir Madani, co-founder of TankerTrackers, told CNBC on Tuesday.
The firm monitors vessel movements with satellite imagery, allowing it to capture vessels that would otherwise go undetected if their tracking systems are switched off. Many vessels have “gone dark” after Tehran threatened to attack any vessel attempting to pass through the waterway. ...
Over the years, China has built up large crude stockpiles, accumulating an estimated 1.2 billion barrels of inventory as of January, which could fulfill demand for 3 to 4 months, according to Atlantic Council. ...
U.S. forces sink 16 Iranian minelayers as reports say Tehran is mining the Strait of Hormuz
... A CNN report Tuesday said that Iran had started laying mines in the Strait of Hormuz, albeit not extensively. Sources that CNN spoke to said only a “few dozen” had been laid in recent days.
The report also said that Iran still retains more than 80% of its small boats and minelayers, and could feasibly lay hundreds of mines in the waterway.
Located between Oman and Iran, the strait saw roughly 13 million barrels of crude per day passing through it in 2025, representing about 31% of all seaborne crude flows, according to energy consulting firm Kpler. ...
CBS News, which reported that Iran “may be getting ready” to deploy naval mines, said the country was using smaller crafts that can carry two to three mines each to lay them in the strait. While Iran’s mine stock isn’t publicly known, estimates over the years have ranged from roughly 2,000 to 6,000 naval mines, the report said. ...
... the U.S. had decommissioned four Avenger-class minesweepers that were stationed in Bahrain in late 2025.
The replacement vessels for the Avenger-class, the Independence-class littoral combat ships, have “struggled to meet the requirements of operational mine countermeasures missions,” according to global naval publication Naval News.
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