WTI Crude Oil Surges to February High Amid Geopolitical Tensions

West Texas Intermediate (WTI) crude oil prices have climbed to a new February high, surpassing the peaks set on February 4th and 11th, and breaking the $66 per barrel mark. The recent surge is primarily attributed to escalating geopolitical tensions, particularly concerning Iran. This evolving global landscape is driving oil prices toward their highest levels of the year.

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