Oil prices jump nearly 5%, settle at highest since January 2025 on Middle East conflict

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.

• Sep 7, 2026Oil prices rise to six-week highs on worsening Middle East conflict | Reuters+12.0%
• Oct 23, 2026Oil prices jump $3 on Houthi attacks, oil spill, highest settlement since April By Reuters-1.7%
• Mar 6, 2026Iran conflict boosts US Gulf oil prices to highest since 2020 | Reuters+16.6%
• Mar 20, 2026Oil jumps to highest settlement since July 2022 as more Mideast supply disrupted | Reuters+0.8%
• Oct 3, 2024Oil jumps over $3 a barrel as Middle East conflict stokes supply worry | Reuters+3.3%

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.

• Sep 7, 2026Oil prices rise to six-week highs on worsening Middle East conflict | Reuters+9.3%
• Oct 23, 2026Oil prices jump $3 on Houthi attacks, oil spill, highest settlement since April By Reuters-1.0%
• Mar 6, 2026Iran conflict boosts US Gulf oil prices to highest since 2020 | Reuters+18.2%
• Mar 20, 2026Oil jumps to highest settlement since July 2022 as more Mideast supply disrupted | Reuters-0.5%
• Oct 3, 2024Oil jumps over $3 a barrel as Middle East conflict stokes supply worry | Reuters+4.4%