US releases oil, destroys Iran mines as Gulf tensions escalate; Israel strikes Iran, Lebanon
MMoneycontrol•12-03-2026, 05:48
US releases oil, destroys Iran mines as Gulf tensions escalate; Israel strikes Iran, Lebanon
- •US to release 172 million barrels of oil from strategic reserve, says energy department.
- •US military destroyed 16 Iranian mine-laying vessels in Strait of Hormuz after Trump's warning.
- •Three commercial ships struck by "unknown projectiles"; Iran launched attacks in Saudi Arabia, UAE, Kuwait.
- •Two drones near Dubai International Airport injured four; Israel carried out strikes in Iran and Lebanon.
- •Iran's police chief warned protesters would be treated "in the same way we deal with the enemy."