Middle East News

Crude oil slipped to $62.78 per barrel on February 17, as progress in US-Iran nuclear talks reduced supply risk fears. Earlier gains from Strait of Hormuz tensions faded after constructive diplomatic signals. Prices are up 4.02% in a month. 

Crude oil prices on February 16, 2026, stayed near 63 dollars per barrel, showing minor daily change but a monthly rise. Prices remain lower than last year due to strong supply and slower demand growth.

Crude oil in the US stood at $62.96 per barrel on February 13, 2026, up 0.19% from the previous day. However, prices fell later in trading, with WTI near $62.5 as oversupply fears and weak demand outlook weighed on markets.

Crude Oil Price in US on February 12 fell to $64.39 per barrel, down 0.38% daily but up 5.29% over the past month. WTI crude hovered near $65, close to a five-month high, supported by US-Iran tensions.

Crude oil rose to $65.42 per barrel on February 11, up 2.29% from previous day. WTI futures climbed above $64 as tensions between the US and Iran supported prices. However, a sharp rise of 13.4 million barrels in US crude inventories limited gains.

Crude oil climbed to $64.58 per barrel on February 10, 2026, marking a third straight gain. Ongoing US-Iran tensions, warnings over the Strait of Hormuz, and uncertainty around India’s Russian oil imports are keeping markets cautious.

Satish Sanpal has drawn attention after his wife Tabinda revealed he buys her 3kg of gold every year in Netflix’s Desi Bling trailer. Founder of Anax Holding, Sanpal rose from humble beginnings in Jabalpur to living in Burj Khalifa.

Crude oil traded near $63.68 per barrel on February 9, posting a small daily gain and a strong monthly rise, though still lower than last year. Prices are being driven by geopolitical tensions, especially talks linked to Iran and supply routes fears.

Iran has arrested Reformist Front spokesman Javad Emam, deepening its crackdown on dissent after mass protests. The move follows US‑Iran talks in Oman, as authorities target activists and opposition figures while tightening control over unrest.

Crude oil prices rose on February 4 as Middle East tensions returned after the US downed an Iranian drone and Iranian vessels challenged a US-flagged tanker in the Strait of Hormuz. WTI crude traded near $64 per barrel.