Oil Surges On Kurdistan Export Halt, Positive Banking Signs

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.

• Mar 28, 2023Oil prices rise on Kurdish supply risks and banking relief | Reuters+10.4%
• Jun 26, 2018Oil surges as U.S. pushes allies to halt imports of Iranian crude | Reuters+6.7%
• Mar 20, 2022Oil Surges On Growing Supply Fears as EU Considers Russian Ban - Bloomberg+10.3%
• Apr 3, 2020Oil surges more than 13% on hopes of output deal-9.4%
• Feb 24, 2022Oil surges above $100 for the first time since 2014, before paring gains+20.2%

After 63 past neutral geopolitics events, Crude Oil (Brent) moved a median -0.5% over 5 sessions (44% higher; middle half -4.4% to +2.6%), and -2.7% over 20.

• Jun 23, 2025Update: oil prices fall back after short-lived surge in early trading - FreightWaves-11.9%
• Mar 9, 2022Oil falls as investors weigh U.S. import ban-21.5%
• Nov 1, 2025Oil Rises on Reports US Plans to Strike OPEC Producer Venezuela-2.4%
• Nov 28, 2024OPEC+ postpones meeting to decide oil production strategy to Dec. 5: Sources+0.2%
• Aug 22, 2022Oil pares losses after Saudi oilmin says OPEC+ has options including cuts+4.6%