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Iran Launches New Attacks
CNN This Morning
Mar 12, 2026
Iran hits two foreign oil tankers in Iraqi waters, plus at least three others near the Strait of Hormuz. The attacks prompt the G7 to discuss escorting ships "when security conditions allow." Oil prices rocket past $100 a barrel, prompting the International Energy Agency to order the largest-ever release of emergency oil. President Trump says he will tap US reserves as well.