Oil prices jump and gold hits $5,000 as tensions ramp up between Iran and the US
General Idaho
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February 19, 2026
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By John Towfighi, CNN (CNN) — Oil prices jumped Thursday to their highest level in nearly seven months and investors snapped up safe havens like gold, as tensions between the United States and Iran continue to flare. Brent crude, the global benchmark, rose 1.6%, to $71.49 per barrel. US crude rose 1.74%, to $66.18 per
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