Oil settles up more than 2% as Russian port suspends oil exports after Ukrainian attack

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.

• Aug 30, 2026Oil settles up by more than 2.5% as US and Iran resume military attacks | Reuters+10.8%
• Oct 31, 2024Oil gains more than $2 after settlement on reports Iran preparing Israel attack+3.9%
• Dec 13, 2024Oil up 2%, settles at 3-week high as more sanctions loom on Russia, Iran | Reuters-0.2%
• Feb 24, 2022Oil tops $105/bbl after Russia attacks Ukraine | Reuters+18.2%
• Oct 11, 2019Oil rises 2% after reports of Iranian tanker attack | Reuters+0.9%

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.

• Aug 30, 2026Oil settles up by more than 2.5% as US and Iran resume military attacks | Reuters+9.6%
• Oct 31, 2024Oil gains more than $2 after settlement on reports Iran preparing Israel attack+4.5%
• Dec 13, 2024Oil up 2%, settles at 3-week high as more sanctions loom on Russia, Iran | Reuters-0.2%
• Feb 24, 2022Oil tops $105/bbl after Russia attacks Ukraine | Reuters+20.2%
• Oct 11, 2019Oil rises 2% after reports of Iranian tanker attack | Reuters+0.6%