---
title: "US oil prices up 5% as Middle East crisis constrains supply"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278621720.md"
datetime: "2026-03-10T22:12:40.000Z"
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  - [zh-CN](https://longbridge.com/zh-CN/news/278621720.md)
  - [en](https://longbridge.com/en/news/278621720.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278621720.md)
---

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# US oil prices up 5% as Middle East crisis constrains supply

TOKYO, March 11 (Reuters) - U.S. West Texas Intermediate (CLc1) crude oil prices rose by $4.23 per barrel, or 5%, to $87.70 in early trade on Wednesday as supplies from the Gulf remain constrained amid U.S. and Israel’s war on Iran.

On Tuesday, G7 energy ministers stopped short of agreeing on a release of strategic oil reserves, and French President Emmanuel Macron will host a video call with other G7 country leaders on Wednesday to discuss the impact of the conflict in the Middle East on energy and measures to address the situation.

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