Oil slips more than 1% as talks continue on ending Iran war By Reuters

After 255 past bearish geopolitics events, Crude Oil (WTI) moved a median -2.4% over 5 sessions (31% higher; middle half -7.0% to +1.7%), and -5.0% over 20.

• Nov 23, 2023Oil slips 1% on concerns over delayed OPEC+ meeting By Reuters-1.5%
• Mar 24, 2026Oil prices drop 2% as Iran considers US proposal to end war | Reuters+17.0%
• Oct 27, 2021Oil Slumps as Iran Nuclear Talks Resurface, US Crude Stocks Rise By Investing.com-1.6%
• Apr 17, 2024Oil prices fall more than 3% as traders discount Iran-Israel war risk-2.3%
• Mar 10, 2026Oil Drops 15% as Leaders Move to Contain Supply Shock From Iran War - Bloomberg-1.3%

After 250 past bearish geopolitics events, Crude Oil (Brent) moved a median -3.1% over 5 sessions (36% higher; middle half -7.9% to +1.6%), and -5.5% over 20.

• Nov 23, 2023Oil slips 1% on concerns over delayed OPEC+ meeting By Reuters+1.4%
• Mar 24, 2026Oil prices drop 2% as Iran considers US proposal to end war | Reuters+15.1%
• Oct 27, 2021Oil Slumps as Iran Nuclear Talks Resurface, US Crude Stocks Rise By Investing.com-1.4%
• Apr 17, 2024Oil prices fall more than 3% as traders discount Iran-Israel war risk-2.5%
• Mar 10, 2026Oil Drops 15% as Leaders Move to Contain Supply Shock From Iran War - Bloomberg+4.1%

Not enough comparable past events yet for a historical read.