Oil jumps over 3% as deaths near Kyiv prompt talk of new sanctions

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 23, 2025Putin defiant after Trump sanctions Russian oil companies over Ukraine | Reuters+3.3%
• Mar 8, 2026Oil jumps to 2022 high on Iran war, falls after close as Russia sanctions in doubt | Reuters+8.5%
• Oct 22, 2025Oil extends gains after settlement on new sanctions on Russian oil companies | Reuters+4.0%
• Jan 26, 2026OPEC+ set to keep oil production pause for March as prices jump, sources say | Reuters+6.4%
• Oct 23, 2025Oil price jumps and FTSE 100 hits new high after Trump puts sanctions on Russian firms | Oil | The Guardian+3.3%

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 23, 2025Putin defiant after Trump sanctions Russian oil companies over Ukraine | Reuters+4.1%
• Mar 8, 2026Oil jumps to 2022 high on Iran war, falls after close as Russia sanctions in doubt | Reuters+9.5%
• Oct 22, 2025Oil extends gains after settlement on new sanctions on Russian oil companies | Reuters+5.0%
• Jan 13, 2025China, India seek new supplies as US sanctions tighten grip on Russian oil | Reuters+2.7%
• Jan 26, 2026OPEC+ set to keep oil production pause for March as prices jump, sources say | Reuters+6.6%