World Races to Protect Oil Flows as Trump Hints at War’s End (3)

The US and Israel’s war on Iran forced world governments to intervene to shore up energy supplies, even as President Donald Trump once again said fighting will end soon.

The International Energy Agency approved its largest-ever release of emergency oil reserves on Wednesday, a move to curb surging oil prices while a critical waterway remains effectively closed.

The Strait of Hormuz has been all but impassable since the opening salvos of the war, which continued for a 12th day with missiles and drones fired from both sides. Several energy giants have curbed production.

Trump told Axios the war would ...