Oil rebounds as new Iran sanctions fuel more supply concerns

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.

• Oct 28, 2026Arab News | Oil rises more than 1% as supply concerns persist-2.1%
• Feb 19, 2025Oil holds near one-week high on supply concerns, sanctions on Russia eyed | Reuters-4.2%
• Mar 5, 2026Oil settles up around 5% on supply concerns as Iran conflict widens | Reuters+16.5%
• Jun 1, 2026Oil News: Crude Oil Futures Rebound as OPEC Drop and Iran Risks Fuel Bulls+3.5%
• Dec 13, 2024Oil up 2%, settles at 3-week high as more sanctions loom on Russia, Iran | Reuters-0.2%

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.

• Oct 28, 2026Arab News | Oil rises more than 1% as supply concerns persist-4.7%
• Feb 19, 2025Oil holds near one-week high on supply concerns, sanctions on Russia eyed | Reuters-4.1%
• Mar 5, 2026Oil settles up around 5% on supply concerns as Iran conflict widens | Reuters+12.3%
• Jun 1, 2026Oil News: Crude Oil Futures Rebound as OPEC Drop and Iran Risks Fuel Bulls+2.9%
• Jan 13, 2025China, India seek new supplies as US sanctions tighten grip on Russian oil | Reuters+2.7%