Oil prices surge to highest since 2022 at over $119 a barrel on Middle East war

3D-printed oil pump jack and barrels in front of a rising stock graph appear in this illustration, taken March 2, 2026. — ReutersBrent jumps as much as 29%, WTI surges up to 31%.Iraq slashes its oil output due to Middle East conflict.Kuwait declares force majeure, cuts crude oil…