# Oil rises 2% after reports of Iranian tanker attack | Reuters

> Brent and WTI rose more than 2% on Friday after Iranian media reported an attack on a state-owned oil tanker in the Red Sea near Saudi Arabia. Optimism over U.S.-China trade talks also supported sentiment.

- Date: 2019-10-11 · published 2019-10-11T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude low
- Page: https://feedsoft.ai/events/56737-oil-rises-2-after-reports-of-iranian-tanker-attack-reuters
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A geopolitical attack on tankers raises supply risk in the Middle East, adding a modest premium to energy costs that feed into fuel and freight.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2022-03-25 | [Oil rises to over $120/bbl after attack on Saudi facilities \| Reuters](https://feedsoft.ai/events/9151-oil-rises-to-over-120-bbl-after-attack-on-saudi-facilities-reuters.md) | -11.6% | -9.7% |
| WTI | 2025-11-14 | [Oil settles up more than 2% as Russian port suspends oil exports after Ukrainian attack \| Reuters](https://feedsoft.ai/events/22138-oil-settles-up-more-than-2-as-russian-port-suspends-oil-exports-after-ukrainian.md) | +0.8% | -2.9% |
| WTI | 2018-03-09 | [US strikes three Iranian oil tankers after Iran targets US warships](https://feedsoft.ai/events/66178-us-strikes-three-iranian-oil-tankers-after-iran-targets-us-warships.md) | +1.7% | +3.2% |
| WTI | 2024-10-31 | [Oil gains more than $2 after settlement on reports Iran preparing Israel attack](https://feedsoft.ai/events/28023-oil-gains-more-than-2-after-settlement-on-reports-iran-preparing-israel-attack.md) | +4.5% | +0.2% |
| WTI | 2018-06-26 | [Oil surges as U.S. pushes allies to halt imports of Iranian crude \| Reuters](https://feedsoft.ai/events/8778-oil-surges-as-u-s-pushes-allies-to-halt-imports-of-iranian-crude-reuters.md) | +6.7% | +1.0% |
| BRENT | 2022-03-25 | [Oil rises to over $120/bbl after attack on Saudi facilities \| Reuters](https://feedsoft.ai/events/9151-oil-rises-to-over-120-bbl-after-attack-on-saudi-facilities-reuters.md) | -11.4% | -12.8% |
| BRENT | 2025-11-14 | [Oil settles up more than 2% as Russian port suspends oil exports after Ukrainian attack \| Reuters](https://feedsoft.ai/events/22138-oil-settles-up-more-than-2-as-russian-port-suspends-oil-exports-after-ukrainian.md) | +1.5% | -1.6% |
| BRENT | 2018-03-09 | [US strikes three Iranian oil tankers after Iran targets US warships](https://feedsoft.ai/events/66178-us-strikes-three-iranian-oil-tankers-after-iran-targets-us-warships.md) | +1.0% | +4.8% |

## Sources

- reuters.com: https://www.reuters.com/article/economy/oil-rises-2-after-reports-of-iranian-tanker-attack-idUSKBN1WQ02O/

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