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Oil Prices Rise 1% Ahead of US-Iran Nuclear Talks

Brent and West Texas Intermediate crude rose about 1.3% as fears of supply disruption from U.S.-Iran tensions offset expected output increases by OPEC from April.

Summary by Reuters
Oil prices edged up on Monday as investors weighed the market implications of upcoming U.S.-Iran talks aimed at de-escalating tensions against a backdrop of expected OPEC+ supply increases.

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Reuters broke the news in United Kingdom on Monday, February 16, 2026.
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