# Oil flows are up as Iran war turmoil eases. Why do prices keep rising? | Oil and Gas News | Al Jazeera

> Gulf crude exports averaged 24.6 million bpd in the week to October 18, above the pre-war average, according to Kpler. Brent nonetheless traded near six-month highs, above $117 at one point, and remains more than 60% above pre-war levels.

- Date: 2026-10-30 · published 2026-11-01T17:11:39.643Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/17238-oil-flows-are-up-as-iran-war-turmoil-eases-why-do-prices-keep-rising-oil-and
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Futures are pricing in risk of renewed US-Iran hostilities and dwindling stocks, so energy input costs for feed producers stay elevated despite recovered physical flows.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-04-18 | [As oil prices plunge below $91 after weeks, a new Hormuz crisis emerges \| Oil and Gas News \| Al Jazeera](https://feedsoft.ai/events/8811-as-oil-prices-plunge-below-91-after-weeks-a-new-hormuz-crisis-emerges-oil-and.md) | +15.0% | +18.2% |
| BRENT | 2026-03-01 | [Oil and gas prices surge as Iran war disrupts Middle Eastern output \| Reuters](https://feedsoft.ai/events/5228-oil-and-gas-prices-surge-as-iran-war-disrupts-middle-eastern-output-reuters.md) | +31.0% | +62.6% |
| BRENT | 2026-03-01 | [Oil prices are rising sharply after US and Israeli attacks \| AP News](https://feedsoft.ai/events/5234-oil-prices-are-rising-sharply-after-us-and-israeli-attacks-ap-news.md) | +31.0% | +62.6% |
| BRENT | 2019-06-20 | [Oil prices surge after Iran shoots down US drone \| Business and Economy \| Al Jazeera](https://feedsoft.ai/events/12319-oil-prices-surge-after-iran-shoots-down-us-drone-business-and-economy-al-jazeera.md) | +7.0% | +2.1% |
| BRENT | 2024-10-04 | [What's next for oil, gas prices as Middle East tensions heat up? \| AP News](https://feedsoft.ai/events/12042-what-s-next-for-oil-gas-prices-as-middle-east-tensions-heat-up-ap-news.md) | +2.4% | -5.7% |
| WTI | 2026-04-18 | [As oil prices plunge below $91 after weeks, a new Hormuz crisis emerges \| Oil and Gas News \| Al Jazeera](https://feedsoft.ai/events/8811-as-oil-prices-plunge-below-91-after-weeks-a-new-hormuz-crisis-emerges-oil-and.md) | +13.9% | +26.5% |
| WTI | 2026-03-01 | [Oil and gas prices surge as Iran war disrupts Middle Eastern output \| Reuters](https://feedsoft.ai/events/5228-oil-and-gas-prices-surge-as-iran-war-disrupts-middle-eastern-output-reuters.md) | +35.6% | +50.4% |
| WTI | 2026-03-01 | [Oil prices are rising sharply after US and Israeli attacks \| AP News](https://feedsoft.ai/events/5234-oil-prices-are-rising-sharply-after-us-and-israeli-attacks-ap-news.md) | +35.6% | +50.4% |

## Sources

- aljazeera.com: https://www.aljazeera.com/economy/2026/10/30/oil-flows-are-up-as-iran-war-turmoil-eases-why-do-prices-keep-rising

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