Geopolitics, oil prices, crude oil, energy markets, Iran naval drills, US Iran talks
February 18, 2026
Oil Gains as Iran Conducts Naval Drills Ahead of Fresh US Talks
Oil prices edged higher as traders kept a close watch on geopolitical tensions ahead of expected talks between the US and Iran. The price of Brent crude traded above $68 a barrel, while West Texas Intermediate approached $64. The increase comes as Iran’s Revolutionary Guard conducted naval drills near the Strait of Hormuz, a vital […]