Middle East Tensions Support WTI Above $85.50 Amid Demand Uncertainty

WTI crude oil futures held above $85.50 per barrel on Tuesday as escalating Middle East tensions raised concerns over potential supply disruptions from the region.

The benchmark has remained supported by geopolitical risk premiums, though gains have been capped by demand uncertainty.

Crude prices have found support from ongoing geopolitical risks in the Middle East, where any escalation could threaten key shipping routes and production infrastructure. Traders are closely monitoring developments, as the region accounts for a significant share of global oil output.

The $85.50 level has emerged as a key technical support, with buyers stepping in on dips.