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Countries Scramble to Shore Up Global Oil Supplies as Ships Are Attacked

Published: March 12, 2026

The United States and Israel launched more strikes against Iran, where crowds mourned military commanders killed in the war. Israel also bombed targets in Lebanon, where the death toll climbed. Read More. 

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Europe flails as US launches critical minerals land grab

A joint initiative to break dependence on China could result in Europe overpaying to ensure security of supply for the Americans. Read More

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Florida Senate sends bill tightening biosolids regs to DeSantis

The legislation would allow the state’s environment department to establish rules for sewage sludge application. Read More

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Countries confirm biggest emergency oil release in history

The International Energy Agency announced the release of 400 million barrels of oil in response to price shocks from the Iran war. Read More

March 11, 2026

Gulf oil and gas lease sale nets $47M, lowest total in years

The lackluster result represents a blow to the Trump administration’s efforts to expand oil and gas production in U.S. waters, even as war in the Middle East has raised crude prices to historic highs. Read More

March 11, 2026

How the Iran conflict is impacting global ocean shipping flows

Red Sea market recovery has been pushed back while congestion could lead to surcharges, Vespucci Maritime CEO Lars Jensen said at TPM26 by S&P Global. Read More

March 11, 2026

World Leaders Will Release 400 Million Barrels of Oil to Stabilize Prices

The planned release by members of the International Energy Agency is the largest such coordinated action on record. Read More

March 11, 2026

Intel has manufacturing capacity issues. They may take years to fix.

The company redirected some of its chips production to meet surging server demand, but analysts say it’s missing out on emerging AI-driven trends. Read More

March 11, 2026

Japan and Germany Say They Will Release Oil

Officials in Tokyo and Berlin said they planned to release oil from their strategic reserves to address disruptions of supplies from the Middle East. Read More

March 11, 2026

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