Iran hits oil tankers in the Gulf; Trump insists US already won war

Oil briefly jumps back above $100 a barrel after attacks on tankers in the Persian Gulf. Now the U.S. and its allies prepare a massive release of emergency reserves to steady markets. Plus, intelligence shows Iran had considered drone attacks on targets in California. Now the western state remains on high alert. And President Donald Trump takes his beef with Republican Rep. Thomas Massie to the lawmaker’s home turf. These stories and more highlight your Unbiased Updates for Thursday, March 12, 2026.