Brent rises late, settles higher and with weekly gain on Iran-US jitters

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.

• Oct 4, 2024Oil settles up, biggest weekly gains in over a year on Middle East war risk | Reuters+2.4%
• Mar 29, 2026Brent eyes record monthly rise; US crude settles above $100 as Houthis join Iran war | Reuters+1.2%
• Dec 13, 2024Oil up 2%, settles at 3-week high as more sanctions loom on Russia, Iran | Reuters-0.2%
• Jan 12, 2026Oil prices settle at 7-week high on worries about Iran exports | Reuters+2.0%
• Feb 18, 2026Oil settles up 4% on Iran-US tensions, Russia-Ukraine talks end without breakthrough | Reuters+3.5%

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.

• Oct 4, 2024Oil settles up, biggest weekly gains in over a year on Middle East war risk | Reuters+2.9%
• Mar 29, 2026Brent eyes record monthly rise; US crude settles above $100 as Houthis join Iran war | Reuters+12.7%
• Dec 13, 2024Oil up 2%, settles at 3-week high as more sanctions loom on Russia, Iran | Reuters-0.2%
• Jan 12, 2026Oil prices settle at 7-week high on worries about Iran exports | Reuters+0.7%
• Feb 18, 2026Oil settles up 4% on Iran-US tensions, Russia-Ukraine talks end without breakthrough | Reuters+5.1%