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The Economic Times

Markets / The Economic Times

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Iran-Israel war: Up 20% in 2026, crude oil stares at $80 a barrel

Oil prices rallied sharply after US and Israeli strikes on Iran heightened Middle East tensions. Brent and WTI hit multi-month highs, with further gains likely amid supply risks through the Strait of Hormuz, potentially pressuring equities and oil-sensitive sectors.

28 Feb 2026 5:21 pm