*Walter Bloomberg
*Walter Bloomberg|Feb 20, 2026 12:34
OIL MARKETS ON EDGE AS TRUMP WEIGHS IRAN STRIKE Donald Trump may soon decide on strikes against Iran, pushing oil prices higher on supply risk fears. Markets are focused on the Strait of Hormuz, a key route for about a third of global seaborne oil. At Again Capital, John Kilduff says retaliation risks are already priced in, while Bob McNally of Rapidan Energy Group warns oil could top $100 if flows are disrupted. But Natasha Kaneva at JPMorgan and Daan Struyven at Goldman Sachs expect limited, targeted action—keeping any price spike temporary.(*Walter Bloomberg)
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