Post by Proshare (@Proshare)

Bonny Light's average price rose 6% to US$72/bbl in February 2026, driven by Middle East tensions from US–Israeli strikes on Iran. This has disrupted global energy markets and reduced traffic through the Strait of Hormuz, which handles 20% of the world's oil supply.

https://proshare.co/articles/geopolitical-risks-continue-to-push-crude-prices-higher?menu=Economy&classification=Read&category=Oil

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