# The Dow Jones Industrial Average fell about 325 points, or 0.7%.

*business · news · 2026-03-11 · CNBC TV18*

## Key points

- The International Energy Agency will release 400 million barrels from reserves, its largest emergency release ever.
- Oil prices spiked about 3% following reports of attacks on vessels near the Strait of Hormuz.
- Oracle shares surged 13% after exceeding earnings expectations and raising its 2027 revenue forecast.
- US consumer price index rose 2.4% year-on-year in February, matching economists’ predictions.

**Companies:** Oracle Corporation
**Countries:** United States, Iran

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/us-stocks-open-mixed-dow-jones-falls-over-300-points-as-oil-rises-amid-iran-tensions-ws-l-19866500.htm)

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