# U.S. oil ends higher, but Brent falls as Trump administration announces additional Iran sanctions - MarketWatch

> US crude futures closed higher on June 24 while Brent fell after the Trump administration signed an executive order imposing financial sanctions on Iranian leaders. Natural gas futures gained over 5% following an 8% drop the prior week.

- Date: 2019-06-24 · published 2019-06-24T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/58755-u-s-oil-ends-higher-but-brent-falls-as-trump-administration-announces
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

New Iran sanctions tighten global crude supply and support prices, though the Brent-WTI divergence shows the effect is uneven across benchmarks.

## Read by commodity

- WTI: bullish ▲
- BRENT: bearish ▼
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-04-28 | [Oil Prices Surge as Hormuz Tensions Push WTI Near $100 and Brent Above $111, Threatening Global Energy Markets](https://feedsoft.ai/events/19906-oil-prices-surge-as-hormuz-tensions-push-wti-near-100-and-brent-above-111.md) | +5.1% | +13.7% |
| NATGAS | 2022-03-02 | [Oil, gas, wheat and aluminium jump as Russia sanctions bite](https://feedsoft.ai/events/6281-oil-gas-wheat-and-aluminium-jump-as-russia-sanctions-bite.md) | +2.3% | +19.3% |
| NATGAS | 2022-02-25 | [Farming News - The Ukraine/Russia situation sends global fertiliser markets sharply higher](https://feedsoft.ai/events/43022-farming-news-the-ukraine-russia-situation-sends-global-fertiliser-markets.md) | +0.1% | +13.3% |
| NATGAS | 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) | -6.2% | -6.9% |
| NATGAS | 2024-08-29 | [Higher Natural Gas Prices Seen This Winter in Europe as Geopolitical Complications Mount](https://feedsoft.ai/events/28999-higher-natural-gas-prices-seen-this-winter-in-europe-as-geopolitical.md) | +11.7% | +36.8% |
| WTI | 2018-09-29 | [Brent hits 4-year high as U.S. sanctions on Iran tighten supply](https://feedsoft.ai/events/63234-brent-hits-4-year-high-as-u-s-sanctions-on-iran-tighten-supply.md) | +1.5% | -7.7% |
| WTI | 2018-06-28 | [U.S. oil prices hit three-and-a-half-year high on concern over Iran sanctions](https://feedsoft.ai/events/8780-u-s-oil-prices-hit-three-and-a-half-year-high-on-concern-over-iran-sanctions.md) | -3.7% | -6.5% |
| WTI | 2025-02-24 | [Oil settles higher on fresh Iran sanctions, Iraq commitment to OPEC+](https://feedsoft.ai/events/26209-oil-settles-higher-on-fresh-iran-sanctions-iraq-commitment-to-opec.md) | -1.0% | -3.1% |

## Sources

- marketwatch.com: https://www.marketwatch.com/story/us-oil-extends-last-weeks-surge-as-us-readies-additional-iran-sanctions-2019-06-24

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