ET 15:31

Oil Prices Rise on Escalating Middle East War Threat (CL=+1.2%, WTI=+1.8%)

[Para 1: The Lead] Middle East tensions escalate as war-threatening rhetoric increases, sending crude oil prices higher on February 11, 2026. Brent crude futures climbed 1.2% to $83.40 per barrel, and West Texas Intermediate gained 1.8% to $81.20 per barrel. [Para 2-3: Supporting details & Context] The upward movement reflects heightened geopolitical risk assessments, with traders anticipating potential supply disruptions. The Organization of Petroleum Exporting Countries (OPEC) and its allies are monitoring the situation closely, with no immediate policy changes expected. The price gains underscore the sensitivity of global oil markets to regional conflicts and geopolitical developments.

EditorLim