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Unwanted, Not Unwarranted

Unwanted, Not Unwarranted By Maartje Wijffelaars, senior economist Rabobank Oil prices rose again yesterday, reaching a session high of about $105 per barrel as Iran struck tankers – an outcome our energy analysts warned about if Iran appeared to be losing control over Hormuz. Reports that the US could strike Iran before the midterms and a hurricane hitting US output added pressure. Brent crude then fell after President Trump said talks with Iran were “productive” and that the US would not attack Iran before November’s midterm elections. Oil prices nevertheless remained higher...
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Feb 19, 2026 / Dave DeCamp
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