Escalating tensions between the United States and Iran over stalled nuclear negotiations have once again heightened geopolitical risks in global crude markets. Recent warnings from US leadership about possible military action after Iran allegedly crossed key American “red lines” triggered a sharp rally in crude prices, with WTI jumping more than 5% as markets reacted to the possibility of a broader confrontation. This renewed uncertainty has raised concerns about potential supply disruptions and their impact on major crude-importing economies, particularly India.
Trump Raises Tariff Rate to 15% Just One Day After 10% Announcement | Global Trade Impact
President Donald Trump said he will increase the global 10% tariff he announced one day earlier to 15%, stirring up more economic turbulence as he lashed out at the US Supreme Court over its ruling that his preferred mechanism for applying tariffs was illegal.
Gold Steadies Near $5,000 as Iran Risks, Fed Outlook in Focus
As of February 20, 2026, spot gold is trading near the $5,000 per ounce threshold, closing at approximately $5,001.07 in recent sessions. The market is currently characterized by a tug-of-war between heightened geopolitical safe-haven demand and a hawkish outlook from the Federal Reserve.
Oil Holds Near Six-Month High as Trump Sets Iran Deal Deadline
Iran Deal News: President Donald Trump warned Iran on Thursday that it must make a deal over its nuclear program or “really bad things” will happen, and appeared to set a deadline of no more than 10 to 15 days before the US might take action.
US Natural Gas Prices Fall as Winter Heating Season Nears End – Market Outlook 2026
US natural gas futures declined as traders weigh warming outlooks stretching through the end of the month, decreasing the chance for a shot of cold weather to materialize and push up demand for the heating fuel.
Gold Price Holds Near $5,000 as Lunar New Year Holiday Slows Global Trading Activity
Gold prices are staying close to the important $5,000 level as global trading activity slows down during the Lunar New Year holiday period. Lower participation from major Asian markets has reduced volatility, keeping prices in a narrow range.
Chinese Gold Buying Frenzy Triggers Retail Hub Crackdown After Major Scandals
Authorities in the Chinese gold retail hub of Shenzhen issued a stark warning against illegal activities, following a string of high profile scandals emerging from a wave of speculation into precious metals.