Washington Edition

More Oil Coming to Ease Supply Pinch Caused by Iran War

It’s not clear yet whether drawing down stockpiles will lower prices.

A sign displays the prices of unleaded gasoline at a Shell gas station in Palo Alto, California.Photographer: David Paul Morris/Bloomberg

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By Joe Sobczyk

March 11, 2026 at 8:30 PM UTC

This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, senior editor Joe Sobczyk rounds up the latest news on the war against Iran. Sign up here. Email our editors here.

More oil is coming to market, though it’s not clear yet how much immediate relief it will bring at gas pumps.