Iran's relentless attacks on Gulf states and infrastructure appear to be overshadowing interventions by the U.S. and its allies aimed at easing energy prices.

The Trump administration late Wednesday announced its portion of a historic worldwide release of government oil in response to the war in Iran.

WTI crude saw its biggest weekly gain since the 1980s last week.

Iran targets oil tankers in the Persian Gulf, as gas prices continue to rise. The price of crude oil topped $100 today after Trump released petroleum reserves.

New attacks signal the Iran war is widening across the Middle East to further threaten disruption to energy supplies.

Oil prices settled at the highest levels since August 2022 after Iran’s new leader said the crucial Strait of Hormuz should remain closed and that the country will continue attacks on its Persian Gulf neighbors.

The latest attacks marked an escalation in Iran’s campaign aimed at generating enough global economic pain to pressure the United States and Israel to end the war that started 12 days ago. But there

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