NBC Nightly News with Tom Llamas Wednesday, March 11, 2026
Mar 12, 2026
Christine Romans, chief business correspondent who breaks down energy markets, and Garrett Haake, White House reporter known for on-camera political updates. They discuss the planned release from the strategic petroleum reserve and its limits for lowering gas prices. They cover Iran-linked strikes threatening oil routes and a preliminary probe into a deadly strike tied to old intelligence.
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Fill Up Now Before Prices Rise Further
- Do fill your gas tank now because analysts expect prices to keep rising despite emergency oil releases.
- Christine Romans explains 400 million barrels equal only four days of global supply and getting ships moving through the Strait of Hormuz matters most.
Oil Is A Primary Target In The Iran Conflict
- Oil has become a central front in the conflict with Iran as attacks target tankers, depots, and infrastructure.
- Garrett Haake and on-screen footage show drones striking an oil depot in Oman and a Thai tanker burning in the Strait of Hormuz.
Strategic Releases Are Politically Big But Technically Small
- A record 400 million barrel release by IEA members is large politically but small practically against 100+ million barrels/day consumption.
- Christine Romans notes 400 million equals about four days of global demand and won't substitute for reopened Strait of Hormuz flows.