Oil prices ease as Brent hits $68.99 and WTI falls to $64.06, US-Iran tensions in focus

Oil prices eased in early trading on February 10, 2026, as Brent crude slipped to $68.99 per barrel and U.S. West Texas Intermediate (WTI) fell to $64.06. The pullback followed a recent rally driven by rising US-Iran tensions, which had lifted fears of supply disruption in the Middle East. Nearly 20% of the world’s oil flows through the Strait of Hormuz, making any geopolitical shift in the region critical for energy markets.