Brent, WTI prices climb more $1 on possible Iran crude restriction

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.

• Jan 13, 2026Oil prices rise by more than $1 a barrel on potential Iran supply disruption | Reuters+1.4%
• Apr 2, 2026US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran | Reuters-2.8%
• Apr 12, 2024Crude oil prices today: WTI, Brent rise as Israel braces for Iran attack-3.2%
• Aug 31, 2026Brent nears $90 after US-Iran strikes: Why is crude oil price rising?+10.8%
• Aug 31, 2026Oil prices settle up more than $4 a barrel on renewed US-Iran fighting | Reuters+10.8%

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.

• Jan 13, 2026Oil prices rise by more than $1 a barrel on potential Iran supply disruption | Reuters+1.5%
• Apr 2, 2026US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran | Reuters-2.2%
• Apr 12, 2024Crude oil prices today: WTI, Brent rise as Israel braces for Iran attack-2.7%
• Aug 31, 2026Brent nears $90 after US-Iran strikes: Why is crude oil price rising?+9.6%
• Aug 31, 2026Oil prices settle up more than $4 a barrel on renewed US-Iran fighting | Reuters+9.6%