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Oil Prices Surge to $95 Amid Middle East Supply Concerns

Summary

Global oil prices jumped to $95 per barrel on February 19, 2026, driven by escalating tensions in the Middle East disrupting supply chains. The Brent crude benchmark rose 4.2% foll

Global oil prices jumped to $95 per barrel on February 19, 2026, driven by escalating tensions in the Middle East disrupting supply chains. The Brent crude benchmark rose 4.2% following reports of reduced output from key producers, according to Bloomberg. Analysts warn that ongoing geopolitical instability could further tighten supply, pushing prices higher in coming weeks. Additionally, demand forecasts for 2026 remain strong, fueled by economic recovery in Asia and Europe. Commodity markets responded with increased volatility, affecting related sectors such as natural gas and metals. Energy firms are closely monitoring the situation for potential impacts on production and pricing.
1h agoVerified by Vishvendra
Oil Prices Surge to $95 Amid Middle East Supply Concerns

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