Iran live updates: White House calls on other nations to secure Strait of Hormuz

During an interview Wednesday with WKRC Local 12 in Cincinnati, Trump was asked about tapping the reserve and said, "Well, we'll do that and then we'll fill it up."

He added, "Right now we'll reduce it a little bit, and that brings the prices down." He didn't specify how many barrels of oil the U.S. would release.

Trump frequently criticized the administration of former President Joe Biden for tapping the reserve to try and bring down gas prices.

In light of reports that say the U.S. Department of Defense's preliminary findings have determined the U.S. is responsible for the strike on the Iranian girls' school that local officials say killed 168 people, President Donald Trump denied knowledge of such findings.

Trump spoke with the press before traveling to Hebron, Kentucky, on Wednesday to deliver a speech focused on economic messaging.

"I don't know about it," the president said to reporters Wednesday, when asked about the reports, as he departed the White House. Right before the president answered, press secretary Karoline Leavitt -- who was standing next to him -- shook her head and appeared to whisper, "no."

Trump also did not acknowledge a question as to whether he'd take responsibility as commander-in-chief.

Earlier Wednesday, the White House did not comment on the report's alleged findings, insisting that the investigation remains ongoing and that there are "no conclusions" at this time.

Iran's national football team will not take part in the upcoming World Cup, due to the current situation following recent U.S.-Israeli attacks, Iran's Sports and Youth Minister Ahmad Donyamali said Wednesday.

Donyamali added that recent developments show "the conditions are not suitable" for Iran's national team to participate in the tournament, the official state Islamic Republic News Agency reported on Wednesday.

"Our team members have no security at all to attend the World Cup," he said, as the semi-official ISNA News Agency reported Wednesday.

Two of Iran's group stage games were set to be played at SoFi Stadium in Los Angeles and one game was set at Lumen Field in Seattle.

-ABC News' Maryam Moqaddam and Somayeh Malekian

Oil-rich countries agreed to make 400 million barrels of oil from their emergency reserves available to the market in the largest-ever release of oil reserves in International Energy Agency history.

The 32 IEA member countries unanimously agreed to the decision, aiming to address disruptions in oil markets stemming from the war in the Middle East.

"The oil market challenges we are facing are unprecedented in scale, therefore I am very glad that IEA Member countries have responded with an emergency collective action of unprecedented size," said IEA Executive Director Fatih Birol on Wednesday.