Business News from Wednesday, March 11th, 2026

Standard Chartered issues clarification on local operations

Standard Chartered Bank has clarified that reports of staff being evacuated from its Dubai offices are inaccurate.
IEA proposes record release of strategic stocks in response to Iran war oil price surge

The International Energy Agency (IEA) on Wednesday recommended the release of 400 million barrels of oil, the largest such move in its history, to try to restrain soaring crude prices amid the U.S.-Israeli war with Iran.

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