WTI crude is trading subdued below $100 per barrel, with Middle East tensions limiting downside. The article frames the price action as cushioned by geopolitical risk premium.
Crude oil levels feed into biofuel economics, diesel and freight costs, and fertilizer pricing, so a firm crude floor supports vegetable oil and feed input costs.
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.
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.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.