# Oil settles up nearly 6% as investors fear further Middle East escalation | Reuters

> Oil settled up nearly 6% amid fears of further Middle East escalation. The report also notes Iran granting permission for some Iraqi oil tankers to transit the Strait of Hormuz and a multinational mission being organized to reopen the waterway.

- Date: 2026-03-25 · published 2026-03-25T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/20343-oil-settles-up-nearly-6-as-investors-fear-further-middle-east-escalation-reuters
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Partial Hormuz transit permissions offer some relief, but the continued threat to shipping keeps supply risk high, supporting crude and the energy-linked costs that feed into grain and oilseed markets.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2024-10-04 | [Oil settles up, biggest weekly gains in over a year on Middle East war risk \| Reuters](https://feedsoft.ai/events/10024-oil-settles-up-biggest-weekly-gains-in-over-a-year-on-middle-east-war-risk.md) | +2.4% | -5.7% |
| BRENT | 2022-02-22 | [Oil settles near 2014 high on Russia-Ukraine escalation \| Reuters](https://feedsoft.ai/events/42857-oil-settles-near-2014-high-on-russia-ukraine-escalation-reuters.md) | +6.1% | +23.6% |
| BRENT | 2024-10-31 | [Oil Rises On Middle East Conflict Escalation Fears](https://feedsoft.ai/events/28028-oil-rises-on-middle-east-conflict-escalation-fears.md) | +3.9% | +0.7% |
| BRENT | 2026-07-23 | [Oil settles over $100 as Houthi attacks intensify Middle East supply risks \| Reuters](https://feedsoft.ai/events/9925-oil-settles-over-100-as-houthi-attacks-intensify-middle-east-supply-risks.md) | -9.5% | -7.3% |
| BRENT | 2026-03-10 | [Oil settles up nearly 5% as supply fears mount despite record stocks release plan \| Reuters](https://feedsoft.ai/events/5574-oil-settles-up-nearly-5-as-supply-fears-mount-despite-record-stocks-release.md) | +4.1% | +27.2% |
| WTI | 2024-10-04 | [Oil settles up, biggest weekly gains in over a year on Middle East war risk \| Reuters](https://feedsoft.ai/events/10024-oil-settles-up-biggest-weekly-gains-in-over-a-year-on-middle-east-war-risk.md) | +2.9% | -6.3% |
| WTI | 2022-02-22 | [Oil settles near 2014 high on Russia-Ukraine escalation \| Reuters](https://feedsoft.ai/events/42857-oil-settles-near-2014-high-on-russia-ukraine-escalation-reuters.md) | +5.3% | +23.0% |
| WTI | 2024-10-31 | [Oil Rises On Middle East Conflict Escalation Fears](https://feedsoft.ai/events/28028-oil-rises-on-middle-east-conflict-escalation-fears.md) | +4.5% | +0.2% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/us-oil-prices-rise-investors-assess-middle-east-de-escalation-2026-03-25/

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