# Oil rises as reports of possible US strikes on Iran raise supply concerns

> January Brent rose about 1.75% to $112.74 a barrel and WTI for December gained 1.68% to $103.71. The increase followed reports of possible US strikes on Iran that raised supply concerns.

- Date: 2026-10-30 · published 2026-10-30T10:05:40.073Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/2151-oil-rises-as-reports-of-possible-us-strikes-on-iran-raise-supply-concerns
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Potential strikes on Iran threaten Gulf crude flows, pushing energy prices higher and raising input costs across the feed chain.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-05-17 | [Oil prices rise 3% to two-week high on Iran war supply concerns \| Reuters](https://feedsoft.ai/events/19430-oil-prices-rise-3-to-two-week-high-on-iran-war-supply-concerns-reuters.md) | -5.7% | -24.9% |
| BRENT | 2018-06-27 | [Oil rises on supply losses, US push to isolate Iran](https://feedsoft.ai/events/8779-oil-rises-on-supply-losses-us-push-to-isolate-iran.md) | +2.5% | -1.9% |
| BRENT | 2026-03-05 | [Oil settles up around 5% on supply concerns as Iran conflict widens \| Reuters](https://feedsoft.ai/events/5232-oil-settles-up-around-5-on-supply-concerns-as-iran-conflict-widens-reuters.md) | +12.3% | +35.0% |
| BRENT | 2026-10-28 | [Arab News \| Oil rises more than 1% as supply concerns persist](https://feedsoft.ai/events/17239-arab-news-oil-rises-more-than-1-as-supply-concerns-persist.md) | -4.7% | — |
| BRENT | 2024-03-19 | [Oil rises to multi-month highs on Russian supply concerns](https://feedsoft.ai/events/31370-oil-rises-to-multi-month-highs-on-russian-supply-concerns.md) | -0.2% | +4.6% |
| WTI | 2026-05-17 | [Oil prices rise 3% to two-week high on Iran war supply concerns \| Reuters](https://feedsoft.ai/events/19430-oil-prices-rise-3-to-two-week-high-on-iran-war-supply-concerns-reuters.md) | -8.1% | -22.7% |
| WTI | 2018-06-27 | [Oil rises on supply losses, US push to isolate Iran](https://feedsoft.ai/events/8779-oil-rises-on-supply-losses-us-push-to-isolate-iran.md) | +0.7% | -4.2% |
| WTI | 2026-03-05 | [Oil settles up around 5% on supply concerns as Iran conflict widens \| Reuters](https://feedsoft.ai/events/5232-oil-settles-up-around-5-on-supply-concerns-as-iran-conflict-widens-reuters.md) | +16.5% | +35.8% |

## Sources

- aa.com.tr: https://www.aa.com.tr/en/energy/oil/oil-rises-as-reports-of-possible-us-strikes-on-iran-raise-supply-concerns/60601

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