{"id":325490,"date":"2026-03-12T15:00:09","date_gmt":"2026-03-12T15:00:09","guid":{"rendered":"https:\/\/www.newsisc.com\/videos\/32-nations-release-emergency-oil-reserves-prices-still-soaring\/"},"modified":"2026-03-12T15:00:09","modified_gmt":"2026-03-12T15:00:09","slug":"32-nations-release-emergency-oil-reserves-prices-still-soaring","status":"publish","type":"post","link":"https:\/\/www.newsisc.com\/videos\/32-nations-release-emergency-oil-reserves-prices-still-soaring\/","title":{"rendered":"32 nations release emergency oil reserves; prices still soaring"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/i1.ytimg.com\/vi\/xulpJpQ3LLE\/hqdefault.jpg\" alt=\"32 nations release emergency oil reserves; prices still soaring\"><br \/> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/xulpJpQ3LLE\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<p>Oil prices have stayed high despite 32 of the world\u2019s biggest economies, including the United States, agreeing Wednesday to add 400 million barrels of oil to the global market, the biggest-ever release of emergency oil stocks. <\/p>\n<p>The dramatic move, led by the IEA, is aimed at shoring up crude supplies disrupted by the war in Iran and capping oil price rises. But a near-blockade of the Strait of Hormuz \u2013 which is choking off around 15 million barrels of crude oil and 5 million barrels of other oil products from global markets every day \u2013 means that the 400 million barrels of crude would be absorbed in just 26 days.<\/p>\n<p>0:00 Oil prices top $100\/barrel as Iran attacks energy supplies<br \/>\n0:39 US releases 172 million barrels from Strategic Petroleum Reserve<br \/>\n0:58 Why isn&#8217;t the IEA&#8217;s 400 million-barrel release affecting oil prices?<br \/>\n2:41 How high will prices go?<br \/>\n3:46 Energy Secretary Chris Wright: &quot;That&#8217;s what the Strategic Petroleum Reserve is for&quot;<br \/>\n4:35 Can the US declare victory without reopening the Strait of Hormuz?<br \/>\n9:01 Are we in the midst of a global oil crisis?<\/p>\n<p>Watch more CNN here: https:\/\/cnn.it\/4kh5RPe<\/p>\n<p>#IranWar #OilPrices #News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices have stayed high despite 32 of the world\u2019s biggest economies, including the United States, agreeing Wednesday to add 400 million barrels of oil to the global market, the biggest-ever release of emergency oil stocks. The dramatic move, led by the IEA, is aimed at shoring up crude supplies disrupted by the war in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":325491,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[128809],"tags":[129040,131580,130619],"actors":[],"class_list":["post-325490","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cnn","tag-have","tag-prices","tag-stayed"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>32 nations release emergency oil reserves; prices still soaring | News ISC Videos<\/title>\n<meta name=\"description\" content=\"Watch 32 nations release emergency oil reserves; prices still soaring for free, here on News ISC. 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