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brent crude futures

A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, U.S. February 18, 2025. REUTERS/Eli Hartman/File Photo
Feb 16, 2026

Oil prices rise amid US-Iran nuclear talks and OPEC+ supply plans

Oil prices increased by about 1% ahead of US-Iran nuclear talks in Geneva, while OPEC+ plans to resume output increases from April. Tensions and supply factors influence the market.

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