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brent crude futures

A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo
Mar 2, 2026

Oil and gas surge as Iran war disrupts Middle Eastern output

Oil and gas prices surged due to Israeli and U.S. strikes on Iran, causing shutdowns and shipping disruptions in the Middle East, impacting global markets and inflation.

Iranian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023. REUTERS/Dado Ruvic/Illustration
Feb 19, 2026

Oil prices hit six-month high amid US-IRAN tensions and Middle East military activity

Oil prices rose nearly 2% to six-month highs as US-Iran tensions escalate with increased military activity in the Middle East and geopolitical concerns.

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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