BOCA RATON, Florida, March 12 (Reuters) - The heads of a

number of top exchanges, including CME Group ( CME ) and Toronto

Stock Exchange parent TMX Group ( TMXXF ), oppose any potential

intervention from the U.S. government involving the oil futures

market, amid rising energy prices in the aftermath of the Iran

conflict.

The latest comments come as reports have emerged that the U.S.

Treasury is weighing potential measures involving oil futures to

combat rising prices. On Wednesday, the U.S. government

announced it would release 172 million barrels of oil from its

strategic petroleum reserve to reduce oil prices that have

surged due to supply disruptions from the U.S.-Israeli war on

Iran.

"Markets do not like it when governments intervene on oil

prices," said Terry Duffy, Chief Executive Officer of CME,

during a panel discussion earlier this week. The CME, which is

the world's largest derivatives exchange, is among a group of

U.S. exchanges that trade energy futures.

The White House and the U.S. Treasury Department did not

immediately respond to requests for comment.

Another CEO of a leading exchange, who requested anonymity

to discuss the matter candidly, echoed similar sentiments,

saying that an intervention from the U.S. Treasury risked

aggravating the problem, as it could raise the risk of hefty

losses for the government if energy prices continue to rise.

Oil prices jumped nearly 5% on Wednesday as fresh attacks on

ships in the Strait of Hormuz further aggravated supply shock

fears. Several analysts said the International Energy Agency's

proposal for a record release of oil reserves is inadequate to

quell those concerns. The IEA recommended the release of 400

million barrels of oil to try to combat a surge in energy

prices, which are now up more than 25% since the war broke out.

"I usually I find those things (potential government

intervention in markets) lead to unintended consequences. You

create a different problem by trying to solve the first problem.

The market will sort this out itself," said John McKenzie, CEO

of TMX Group ( TMXXF ).

(Reporting by Anirban Sen in Boca Raton, Florida, additional

reporting by Jarrett Renshaw; Editing by Chizu Nomiyama )