Oil settles up, biggest weekly gains in over a year on Middle East war risk

After 626 past bullish geopolitics events, Crude Oil (WTI) moved a median +2.1% over 5 sessions (62% higher; middle half -2.3% to +8.5%), and +1.6% over 20.

• Mar 25, 2026Oil settles up nearly 6% as investors fear further Middle East escalation | Reuters+10.2%
• Jul 23, 2026Oil settles over $100 as Houthi attacks intensify Middle East supply risks | Reuters-7.9%
• Apr 26, 2024Oil settles higher on supply concerns in the Mideast, economic woes subdue gains | Reuters-5.2%
• Feb 20, 2026Brent rises late, settles higher and with weekly gain on Iran-US jitters | Reuters-2.2%
• Oct 22, 2024Oil settles up 2% as Middle East war rages and supplies tighten-4.8%

After 656 past bullish geopolitics events, Crude Oil (Brent) moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.

• Mar 25, 2026Oil settles up nearly 6% as investors fear further Middle East escalation | Reuters+15.0%
• Jul 23, 2026Oil settles over $100 as Houthi attacks intensify Middle East supply risks | Reuters-9.5%
• Apr 26, 2024Oil settles higher on supply concerns in the Mideast, economic woes subdue gains | Reuters-4.9%
• Feb 20, 2026Brent rises late, settles higher and with weekly gain on Iran-US jitters | Reuters-1.7%
• Oct 22, 2024Oil settles up 2% as Middle East war rages and supplies tighten-2.9%