Money

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

Traders remain optimistic despite potential reserve releases.

editorial-staff

March 11, 2026

1 min read

Updated about 1 month ago

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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

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