Oil rises on supply concerns as Houthis attack Saudi Arabia By Reuters

After 656 past bullish geopolitics events, BRENT moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.

• Sep 16, 2019Oil surges as Saudi attack focuses market on supply risks+6.6%
• Oct 28, 2026Arab News | Oil rises more than 1% as supply concerns persist-4.7%
• May 17, 2026Oil prices rise 3% to two-week high on Iran war supply concerns | Reuters-5.7%
• Mar 25, 2022Oil rises to over $120/bbl after attack on Saudi facilities | Reuters-11.4%
• Mar 5, 2026Oil settles up around 5% on supply concerns as Iran conflict widens | Reuters+12.3%

After 626 past bullish geopolitics events, WTI moved a median +2.1% over 5 sessions (62% higher; middle half -2.3% to +8.5%), and +1.6% over 20.

• Sep 16, 2019Oil surges as Saudi attack focuses market on supply risks+5.8%
• Oct 28, 2026Arab News | Oil rises more than 1% as supply concerns persist-2.1%
• May 17, 2026Oil prices rise 3% to two-week high on Iran war supply concerns | Reuters-8.1%
• Mar 25, 2022Oil rises to over $120/bbl after attack on Saudi facilities | Reuters-11.6%
• Mar 5, 2026Oil settles up around 5% on supply concerns as Iran conflict widens | Reuters+16.5%

After 250 past bullish geopolitics events, DIESEL moved a median +1.7% over 5 sessions (58% higher; middle half -3.6% to +8.7%), and +0.9% over 20.

• Sep 16, 2019Oil surges as Saudi attack focuses market on supply risks+5.7%
• Jul 23, 2026Oil settles over $100 as Houthi attacks intensify Middle East supply risks | Reuters+0.7%
• Sep 16, 2019Attack on Saudi leaves world without spare oil capacity | Reuters+5.7%
• Oct 23, 2026Oil prices jump $3 on Houthi attacks, oil spill, highest settlement since April By Reuters-8.2%
• Oct 2, 2026Oil rises slightly as market weighs mixed supply signals | Reuters+8.4%