# Oil Prices Swing on Iran War Signals

> Brent settled at $92.76 a barrel on November 11 and rose to $95.82 on November 12 after conflicting signals on the US-Iran conflict. Trump's comments on an imminent Iran agreement raised concern, while later reports pointed to diplomatic progress and recovering Middle East supply. Saudi Arabia reported a 26% month-on-month rise in October production.

- Date: 2026-11-15 · published 2026-11-15T18:11:06.767Z
- Category: geopolitics · region Middle East · magnitude low
- Page: https://feedsoft.ai/events/101518-oil-prices-swing-on-iran-war-signals
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Price swings driven by Iran diplomacy and Hormuz shipping risk raise energy and freight cost uncertainty for feed buyers. Expected supply recovery is pulling prices lower, which partly offsets the geopolitical risk premium.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-11-09 | [Oil steadies after Trump signals restraint on Iran, Hormuz risks persist](https://feedsoft.ai/events/88762-oil-steadies-after-trump-signals-restraint-on-iran-hormuz-risks-persist.md) | -4.1% | — |
| BRENT | 2018-12-07 | [Who really influences the price of oil?](https://feedsoft.ai/events/61732-who-really-influences-the-price-of-oil.md) | +2.2% | -2.9% |
| BRENT | 2026-01-30 | [Market Talk \| War, Peace, And Mixed Signals: Energy Prices React To A Turbulent Week](https://feedsoft.ai/events/5925-market-talk-war-peace-and-mixed-signals-energy-prices-react-to-a-turbulent-week.md) | -3.0% | +0.5% |
| BRENT | 2023-03-27 | [Oil Surges On Kurdistan Export Halt, Positive Banking Signs](https://feedsoft.ai/events/37062-oil-surges-on-kurdistan-export-halt-positive-banking-signs.md) | +7.0% | +12.3% |
| BRENT | 2026-11-09 | [Oil Steadies After Deep Weekly Slump With Focus on Iran Talks](https://feedsoft.ai/events/88764-oil-steadies-after-deep-weekly-slump-with-focus-on-iran-talks.md) | -4.1% | — |
| WTI | 2026-11-09 | [Oil steadies after Trump signals restraint on Iran, Hormuz risks persist](https://feedsoft.ai/events/88762-oil-steadies-after-trump-signals-restraint-on-iran-hormuz-risks-persist.md) | -4.1% | — |
| WTI | 2018-12-07 | [Who really influences the price of oil?](https://feedsoft.ai/events/61732-who-really-influences-the-price-of-oil.md) | +2.2% | -6.2% |
| WTI | 2026-01-30 | [Market Talk \| War, Peace, And Mixed Signals: Energy Prices React To A Turbulent Week](https://feedsoft.ai/events/5925-market-talk-war-peace-and-mixed-signals-energy-prices-react-to-a-turbulent-week.md) | -3.0% | +3.1% |

## Sources

- maritimenews.com: https://www.maritimenews.com/oil-prices-iran-war/oil-prices-swing-iran-war-crude-markets

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.