Oil up more than 1% on Mideast tensions and supply cuts

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.

• Oct 2, 2026Oil Rises as Mideast Tensions Sustain Supply-Disruption Fears-1.5%
• Apr 11, 2018Colombian peso gains on oil, Mideast tensions+1.6%
• Oct 28, 2026Arab News | Oil rises more than 1% as supply concerns persist-2.1%
• Mar 28, 2024Oil rises more than $1 a barrel on tighter supply outlook+6.4%
• Jan 7, 2020US, Iran tensions: Oil traders fear supply disruptions in Middle East-8.1%

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.

• Oct 2, 2026Oil Rises as Mideast Tensions Sustain Supply-Disruption Fears+7.5%
• Apr 11, 2018Colombian peso gains on oil, Mideast tensions+1.1%
• Oct 28, 2026Arab News | Oil rises more than 1% as supply concerns persist-4.7%
• Mar 28, 2024Oil rises more than $1 a barrel on tighter supply outlook+5.8%
• Jan 7, 2020US, Iran tensions: Oil traders fear supply disruptions in Middle East-7.8%