2026-03-12
3 分钟The Economist Hello, you're listening to the free edition of The World in Brief from The Economist.
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This is the World in Brief from The Economist.
Our top stories.
Brent Crude, the global oil benchmark,
rose to over $90 a barrel despite the International Energy Agency announcing it would release 400 million barrels of oil from its reserves.
The Global Forecast's 32 members agreed to release record amounts of oil in a bid to stabilize prices.
The blockade of the Strait of Hormuz has curtailed global oil supply by roughly 20 million barrels a day.
Earlier, the Islamic Revolutionary Guard Corps, the regime's security forces,
who declared Hormuz closed, warned countries to get ready for oil to be $200 a barrel.
The group reportedly struck three commercial ships along the waterway on Wednesday.
Meanwhile,
Iran's president said America and Israel could only end the war if they recognise Iran's rights,
guarantee against future aggression and pay reparations.
Donald Trump, however, insisted that the war will end soon as there was,
quote, practically nothing left to target.