Fact Check Team: US to release 172 million barrels as nations coordinate to calm markets

As U.S.-Israel strikes continue in the Middle East and Iran retaliates, energy markets are on edge. 

Americans may soon feel the impact at the gas pump, even more so than the $3.50 they're already paying only two weeks into the conflict. This is due to shipping through the Strait of Hormuz, a critical chokepoint between Iran and Oman, which has been disrupted, affecting roughly 20 million barrels of oil per day -- about a fifth of global supply.