Iran War Outweighs Oil Release Plans episode artwork

EPISODE · Mar 12, 2026 · 19 MIN

Iran War Outweighs Oil Release Plans

from Bloomberg Daybreak: Asia Edition · host Bloomberg

Business and finance news from the Asia-Pacific. Oil's advance showed concerns over an escalating Iran war outweighed relief offered by an emergency release of crude reserves by wealthy nations. The US plans to release 172 million barrels from its emergency oil reserve as nations around the world work to ease surging crude and fuel prices. That's part of the plan by member countries of the International Energy Agency to discharge 400 million barrels from reserves globally, its largest-ever release. For more analysis, we spoke to Mark Cranfield, Bloomberg's MLIV Strategist. And for markets perspective on the oil story, we heard from Dilin Wu, Research Strategist at Pepperstone. She spoke to Bloomberg's Haidi Stroud-Watts and Avril Hong. See omnystudio.com/listener for privacy information.

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Iran War Outweighs Oil Release Plans

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This episode is 19 minutes long.

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This episode was published on March 12, 2026.

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Business and finance news from the Asia-Pacific. Oil's advance showed concerns over an escalating Iran war outweighed relief offered by an emergency release of crude reserves by wealthy nations. The US plans to release 172 million barrels from its...

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