Oil settles down on proposed Saudi-led maritime defence coalition

After 250 past bearish geopolitics events, Crude Oil (Brent) moved a median -3.1% over 5 sessions (36% higher; middle half -7.9% to +1.6%), and -5.5% over 20.

• Mar 10, 2026Oil dives, settles down 11% after Trump predicts Middle East de-escalation | Reuters+4.1%
• Feb 1, 2026Oil settles down over 4% on US-Iran de-escalation, easing supply worries | Reuters-3.1%
• Apr 17, 2026Oil settles down 9% after Iran declares Strait of Hormuz open | Reuters+1.3%
• Mar 11, 2022Oil settles up but posts biggest weekly decline since Nov | Reuters-1.7%
• May 27, 2026Oil settles 5% lower as investors await updates on US-Iran peace deal talks | Reuters-3.9%

After 255 past bearish geopolitics events, Crude Oil (WTI) moved a median -2.4% over 5 sessions (31% higher; middle half -7.0% to +1.7%), and -5.0% over 20.

• Mar 10, 2026Oil dives, settles down 11% after Trump predicts Middle East de-escalation | Reuters-1.3%
• Feb 1, 2026Oil settles down over 4% on US-Iran de-escalation, easing supply worries | Reuters-1.6%
• Apr 17, 2026Oil settles down 9% after Iran declares Strait of Hormuz open | Reuters+2.3%
• Mar 11, 2022Oil settles up but posts biggest weekly decline since Nov | Reuters-2.8%
• May 27, 2026Oil settles 5% lower as investors await updates on US-Iran peace deal talks | Reuters-0.2%