Crude Oil Rallies on Tougher Iranian Sanctions and OPEC+ Uncertainty

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.

• Feb 24, 2025Oil settles higher on fresh Iran sanctions, Iraq commitment to OPEC+-1.0%
• Apr 23, 2019Oil surges amid OPEC caution to offset Iran sanctions-3.4%
• Jan 10, 2025Oil prices rally 3% as US hits Russian oil with tougher sanctions+7.0%
• Jun 28, 2018U.S. oil prices hit three-and-a-half-year high on concern over Iran sanctions-3.7%
• Jan 15, 2025Oil rallies, settles at multi-month high on US crude draw, Russia sanctions-2.7%

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.

• Feb 24, 2025Oil settles higher on fresh Iran sanctions, Iraq commitment to OPEC+-0.9%
• Apr 23, 2019Oil surges amid OPEC caution to offset Iran sanctions-1.0%
• Jan 10, 2025Oil prices rally 3% as US hits Russian oil with tougher sanctions+5.4%
• Jan 15, 2025Oil rallies, settles at multi-month high on US crude draw, Russia sanctions-1.5%
• Jan 29, 2026Brent crude rallies above $71 on renewed U.S.-Iran tensions+0.9%