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Oil Prices Climb to $95 per Barrel Amid Supply Concerns and Geopolitical Tensions

Summary

Global oil prices rose sharply to $95 per barrel on February 13, 2026, driven by tightening supply and escalating geopolitical tensions in the Middle East. Brent crude futures incr

Global oil prices rose sharply to $95 per barrel on February 13, 2026, driven by tightening supply and escalating geopolitical tensions in the Middle East. Brent crude futures increased by 3.2% as key oil-producing nations face production cuts amid ongoing conflicts. Analysts warn that sustained supply disruptions could push prices higher, impacting energy markets worldwide. The surge also reflects concerns over reduced output from OPEC+ countries and increased demand forecasts for the coming months, Bloomberg reported. Commodity traders are closely monitoring developments as markets remain volatile.
Feb 15
Oil Prices Climb to $95 per Barrel Amid Supply Concerns and Geopolitical Tensions

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