Oil futures rise as US Iran tensions lift crude pricesFebruary 21, 2026 Oil futures rose as U.S.-Iran tensions and Strait of Hormuz disruptions lifted risk premiums, while a large EIA inventory draw added support.
Brent crude drops amid reports of OPEC+ production hikeAugust 31, 2024 Oil prices dropped as insider reports revealed OPEC+ might increase production in October, countering Libya’s significant output losses.
Rising geopolitical tensions could push oil prices to $90 a barrelJuly 2, 2024 The ongoing geopolitical tensions between Israel and Hezbollah, with potential Iranian involvement, could drive oil prices to $90 per barrel.