Live Update 
From the Liveblog of
Wednesday, March 11, 2026
From the Liveblog of
Wednesday, March 11, 2026
US companies to increase oil production amid Iran conflict, interior secretary says
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US Interior Secretary Doug Burgum participates in a panel at the BlackRock Infrastructure Summit on March 11, 2026 in Washington, DC (Anna Moneymaker / Getty Images via AFP)
US Interior Secretary Doug Burgum says US oil companies will soon announce increased production amid price spikes due to the ongoing Iran conflict.
“I think you’re going to see them all announcing that they’ve increased production, you know, here in the United States in response to the price signals and in response to the need that we have right now,” Burgum tells CNBC during an interview.
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