Oil settles higher on fresh Iran sanctions, Iraq commitment to OPEC+

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.

• Apr 23, 2019Oil surges amid OPEC caution to offset Iran sanctions-1.0%
• Mar 20, 2025Oil prices settle $1 higher after US issues new Iran-related sanctions+4.0%
• Mar 24, 2025Crude Oil Rallies on Tougher Iranian Sanctions and OPEC+ Uncertainty | Investing.com AU+2.4%
• Dec 13, 2024Oil up 2%, settles at 3-week high as more sanctions loom on Russia, Iran | Reuters-0.2%
• Oct 22, 2025Oil extends gains after settlement on new sanctions on Russian oil companies | Reuters+5.0%

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.

• Apr 23, 2019Oil surges amid OPEC caution to offset Iran sanctions-3.4%
• Mar 20, 2025Oil prices settle $1 higher after US issues new Iran-related sanctions+3.9%
• Mar 24, 2025Crude Oil Rallies on Tougher Iranian Sanctions and OPEC+ Uncertainty | Investing.com AU+1.7%
• Dec 13, 2024Oil up 2%, settles at 3-week high as more sanctions loom on Russia, Iran | Reuters-0.2%
• Jun 28, 2018U.S. oil prices hit three-and-a-half-year high on concern over Iran sanctions-3.7%