# Oil prices rise more than 4% as Iran-Israel conflict escalates | Reuters

> Brent settled at $76.45 a barrel on June 17, up 4.4%, and WTI finished at $74.84, up 4.28%. The Iran-Israel conflict continued with no end in sight. Major oil and gas infrastructure and flows had so far been largely spared.

- Date: 2025-06-17 · published 2025-06-17T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/10994-oil-prices-rise-more-than-4-as-iran-israel-conflict-escalates-reuters
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Continued conflict keeps a geopolitical risk premium in crude, raising fuel and freight costs for feed buyers. Because infrastructure has not been hit, the move is more a risk premium than a confirmed supply loss.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| BRENT | 2025-06-17 | 5 | +15.0% | 3.3 | Brent rose another 4.4% to $76.45 on June 17 as the conflict escalated with no end in sight, extending the rally into the end of the window. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2025-06-19 | [Oil prices up nearly 3% as Israel-Iran conflict escalates, US response remains uncertain](https://feedsoft.ai/events/10996-oil-prices-up-nearly-3-as-israel-iran-conflict-escalates-us-response-remains.md) | -12.2% | -10.9% |
| BRENT | 2025-06-13 | [OIL FUTURES: Crude prices soar as conflict between Israel and Iran escalates \| S&P Global](https://feedsoft.ai/events/10995-oil-futures-crude-prices-soar-as-conflict-between-israel-and-iran-escalates-s.md) | +12.0% | -0.8% |
| BRENT | 2026-07-22 | [Oil price rises above $95 mark as Middle East conflict escalates \| Oil \| The Guardian](https://feedsoft.ai/events/9932-oil-price-rises-above-95-mark-as-middle-east-conflict-escalates-oil-the-guardian.md) | -8.2% | +0.8% |
| BRENT | 2026-01-13 | [Oil prices rise by more than $1 a barrel on potential Iran supply disruption \| Reuters](https://feedsoft.ai/events/11389-oil-prices-rise-by-more-than-1-a-barrel-on-potential-iran-supply-disruption.md) | +1.4% | +8.5% |
| BRENT | 2026-08-31 | [Oil prices settle up more than $4 a barrel on renewed US-Iran fighting \| Reuters](https://feedsoft.ai/events/17635-oil-prices-settle-up-more-than-4-a-barrel-on-renewed-us-iran-fighting-reuters.md) | +10.8% | +22.9% |
| WTI | 2025-06-19 | [Oil prices up nearly 3% as Israel-Iran conflict escalates, US response remains uncertain](https://feedsoft.ai/events/10996-oil-prices-up-nearly-3-as-israel-iran-conflict-escalates-us-response-remains.md) | -12.7% | -9.6% |
| WTI | 2025-06-13 | [OIL FUTURES: Crude prices soar as conflict between Israel and Iran escalates \| S&P Global](https://feedsoft.ai/events/10995-oil-futures-crude-prices-soar-as-conflict-between-israel-and-iran-escalates-s.md) | +10.2% | +1.1% |
| WTI | 2026-01-13 | [Oil prices rise by more than $1 a barrel on potential Iran supply disruption \| Reuters](https://feedsoft.ai/events/11389-oil-prices-rise-by-more-than-1-a-barrel-on-potential-iran-supply-disruption.md) | +1.5% | +7.9% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/oil-prices-rise-iran-israel-conflict-fans-supply-worries-2025-06-17/

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