# Oil prices jump after U.S. air strike kills top Iranian commander | Reuters

> Brent crude rose 3.6% to $68.60 and WTI rose 3.1% to $63.05 after a U.S. air strike killed a top Iranian commander. The session peak for Brent was $69.50, the highest level in the reported session.

- Date: 2020-01-03 · published 2020-01-03T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude high
- Page: https://feedsoft.ai/events/55265-oil-prices-jump-after-u-s-air-strike-kills-top-iranian-commander-reuters
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Military escalation in the Gulf raises the risk of supply disruption and lifts energy prices quickly. Higher diesel and freight costs would flow through to feed production and transport costs.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-04-02 | [Oil prices jump and shares drop after Trump threatens more Iran strikes](https://feedsoft.ai/events/12922-oil-prices-jump-and-shares-drop-after-trump-threatens-more-iran-strikes.md) | -2.2% | +6.1% |
| WTI | 2025-06-13 | [Oil prices surge after Israel's strike on Iran \| CBC News](https://feedsoft.ai/events/10997-oil-prices-surge-after-israel-s-strike-on-iran-cbc-news.md) | +10.2% | +1.1% |
| WTI | 2022-03-21 | [Oil prices jump again as EU considers Russian oil ban \| Reuters](https://feedsoft.ai/events/8483-oil-prices-jump-again-as-eu-considers-russian-oil-ban-reuters.md) | +10.3% | +3.4% |
| WTI | 2025-06-13 | [Oil settles up 7% as Israel, Iran trade air strikes \| Reuters](https://feedsoft.ai/events/10991-oil-settles-up-7-as-israel-iran-trade-air-strikes-reuters.md) | +10.2% | +1.1% |
| WTI | 2019-04-22 | [U.S. to end all waivers on imports of Iranian oil, crude price jumps](https://feedsoft.ai/events/9604-u-s-to-end-all-waivers-on-imports-of-iranian-oil-crude-price-jumps.md) | -1.1% | -1.9% |
| BRENT | 2026-04-02 | [Oil prices jump and shares drop after Trump threatens more Iran strikes](https://feedsoft.ai/events/12922-oil-prices-jump-and-shares-drop-after-trump-threatens-more-iran-strikes.md) | -2.8% | +8.2% |
| BRENT | 2025-06-13 | [Oil prices surge after Israel's strike on Iran \| CBC News](https://feedsoft.ai/events/10997-oil-prices-surge-after-israel-s-strike-on-iran-cbc-news.md) | +12.0% | -0.8% |
| BRENT | 2022-03-21 | [Oil prices jump again as EU considers Russian oil ban \| Reuters](https://feedsoft.ai/events/8483-oil-prices-jump-again-as-eu-considers-russian-oil-ban-reuters.md) | +9.5% | +0.8% |

## Sources

- reuters.com: https://www.reuters.com/article/world/oil-prices-jump-after-us-air-strike-kills-top-iranian-commander-idUSKBN1Z202Z/

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