# Crude oil sells above $100 a barrel as Iran war impedes production | AP News

> Crude oil rose above $100 a barrel as the Iran war, now in its second week, disrupted production and movement of oil and gas in the Persian Gulf region. U.S. crude jumped 36% and Brent rose 28% over the previous week.

- Date: 2026-03-08 · published 2026-03-08T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude high
- Page: https://feedsoft.ai/events/5230-crude-oil-sells-above-100-a-barrel-as-iran-war-impedes-production-ap-news
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Sustained triple-digit crude removes a major supply source and raises energy and transport costs across agriculture, pressuring feed margins and supporting biofuel-linked vegetable oil prices.

## Read by commodity

- SBO: bullish ▲
- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WTI | 2026-03-09 | 5 | +33.1% | 6.2 | Crude topped $100 with US crude up 36% on the week as Gulf production and transport were impaired. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-03-06 | [Iran war sends US crude futures up 12% a barrel \| Reuters](https://feedsoft.ai/events/5572-iran-war-sends-us-crude-futures-up-12-a-barrel-reuters.md) | +16.6% | +35.6% |
| BRENT | 2026-06-01 | [Oil News: Crude Oil Futures Rebound as OPEC Drop and Iran Risks Fuel Bulls](https://feedsoft.ai/events/19432-oil-news-crude-oil-futures-rebound-as-opec-drop-and-iran-risks-fuel-bulls.md) | +2.9% | -23.1% |
| BRENT | 2026-09-10 | [Brent crude oil nears $104 per barrel: Here's why](https://feedsoft.ai/events/17666-brent-crude-oil-nears-104-per-barrel-here-s-why.md) | +10.5% | +6.7% |
| BRENT | 2026-03-29 | [Brent eyes record monthly rise; US crude settles above $100 as Houthis join Iran war \| Reuters](https://feedsoft.ai/events/20326-brent-eyes-record-monthly-rise-us-crude-settles-above-100-as-houthis-join-iran.md) | +1.2% | -5.1% |
| BRENT | 2018-12-07 | [The Latest: OPEC backs 6-month oil production cut package \| AP News](https://feedsoft.ai/events/61454-the-latest-opec-backs-6-month-oil-production-cut-package-ap-news.md) | +2.2% | -2.9% |
| WTI | 2026-03-06 | [Iran war sends US crude futures up 12% a barrel \| Reuters](https://feedsoft.ai/events/5572-iran-war-sends-us-crude-futures-up-12-a-barrel-reuters.md) | +18.2% | +39.2% |
| WTI | 2026-06-01 | [Oil News: Crude Oil Futures Rebound as OPEC Drop and Iran Risks Fuel Bulls](https://feedsoft.ai/events/19432-oil-news-crude-oil-futures-rebound-as-opec-drop-and-iran-risks-fuel-bulls.md) | +3.5% | -20.5% |
| WTI | 2026-09-10 | [Brent crude oil nears $104 per barrel: Here's why](https://feedsoft.ai/events/17666-brent-crude-oil-nears-104-per-barrel-here-s-why.md) | +6.6% | -4.3% |

## Sources

- apnews.com: https://apnews.com/article/oil-prices-crude-brent-iran-ecab41ec6a365e58282f4cfbab62a9ff

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.