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Crude Oil Prices Surge Past $90 Amid Middle East Tensions

Summary

Oil prices jumped above $90 per barrel on February 19, 2026, driven by escalating tensions in the Middle East. Brent crude rose 3.5% as supply concerns mounted following reports of

Oil prices jumped above $90 per barrel on February 19, 2026, driven by escalating tensions in the Middle East. Brent crude rose 3.5% as supply concerns mounted following reports of disruptions in key oil-producing regions. Global demand remains robust, with the International Energy Agency forecasting a 2% increase this year. Commodity markets also reacted, with natural gas and metals showing volatility. Analysts warn that prolonged instability could tighten supply chains and push energy costs higher globally, Bloomberg reported. This surge impacts fuel prices worldwide and could influence inflation trends.
19h agoVerified by Vishvendra
Crude Oil Prices Surge Past $90 Amid Middle East Tensions

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