Oil reserve release

China is shaping its path forward for the year ahead and beyond, highlights from the annual political gathering in Beijing. A Thai cargo ship goes up in smoke in the Strait of Hormuz, one of the three commercial vessels attacked as Iranian retaliation shuts down one of the world's most critical shipping transit. And the International Energy Agency says member countries have agreed to release 400 million barrels of oil from their reserves, the largest ever in a bid to ease soaring oil prices.