Brent Crude Maintains Range Amid Escalating Iran-US Tensions

Brent crude oil CLT:US:CL at $82.30 per barrel as of February 12, 2026, holding within a key range amid heightened tensions between Iran and the United States. The Organization of Petroleum Exporting Countries (OPEC) and its allies maintain output at a level supportive of the current price environment. Geopolitical uncertainty contributed to volatility earlier in the session, but broader market sentiment remained cautious. Analysts suggest that supply disruptions in the Middle East could lift prices if they persist.