Iran war updates: IEA to release oil reserves; ships hit in Hormuz Strait

These were the updates from the US and Israel’s war on Iran from Wednesday, March 11, 2026.

Smoke rises from an Israeli airstrike in Dahiyeh
Video Duration 01 minutes 04 seconds 01:04

Trump: US destroys ‘inactive’ Iranian mine-laying vessels

By Lyndal Rowlands, Zaid Sabah, Tim Hume, Elis Gjevori, Mariamne Everett, Virginia Pietromarchi, Caolán Magee and Federica Marsi
Published On 11 Mar 2026

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  • The International Energy Agency has agreed to release a record 400 million barrels of crude oil in response to the disruption caused by the US-Israel war on Iran.
  • Iran’s Islamic Revolutionary Guard Corps (IRGC) says its navy fired on and stopped two vessels in the Strait of Hormuz after they ignored warnings.