Oil settles up by more than 2.5% as US and Iran resume military attacks

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.

• Nov 14, 2025Oil settles up more than 2% as Russian port suspends oil exports after Ukrainian attack | Reuters+1.5%
• Aug 31, 2026Oil prices settle up more than $4 a barrel on renewed US-Iran fighting | Reuters+10.8%
• Dec 13, 2024Oil up 2%, settles at 3-week high as more sanctions loom on Russia, Iran | Reuters-0.2%
• Jun 13, 2025Oil settles up 7% as Israel, Iran trade air strikes | Reuters+12.0%
• Mar 5, 2026Oil settles up around 5% on supply concerns as Iran conflict widens | Reuters+12.3%

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.

• Nov 14, 2025Oil settles up more than 2% as Russian port suspends oil exports after Ukrainian attack | Reuters+0.8%
• Aug 31, 2026Oil prices settle up more than $4 a barrel on renewed US-Iran fighting | Reuters+9.6%
• Dec 13, 2024Oil up 2%, settles at 3-week high as more sanctions loom on Russia, Iran | Reuters-0.2%
• Jun 13, 2025Oil settles up 7% as Israel, Iran trade air strikes | Reuters+10.2%
• Mar 5, 2026Oil settles up around 5% on supply concerns as Iran conflict widens | Reuters+16.5%