Oil Slides as Report Says Trump to Give Iran Diplomacy More Time

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.

• Mar 10, 2026Oil prices dive as Trump says Iran war will end ‘very soon’ | CNN Business-1.3%
• Jun 22, 2019Trump says he aborted retaliatory strike to spare Iranian lives+1.6%
• Mar 23, 2026Oil Prices Fall More Than 10% After Trump Postpones Iran Strikes+2.2%
• Oct 29, 2026Oil drops as traders parse Vance’s diplomatic manoeuvre on Iran - Moneyweb-2.3%
• Apr 17, 2024Oil prices fall more than 3% as traders discount Iran-Israel war risk-2.3%

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.

• Mar 10, 2026Oil prices dive as Trump says Iran war will end ‘very soon’ | CNN Business+4.1%
• Jun 22, 2019Trump says he aborted retaliatory strike to spare Iranian lives+2.2%
• Mar 23, 2026Oil Prices Fall More Than 10% After Trump Postpones Iran Strikes+1.5%
• Oct 29, 2026Oil drops as traders parse Vance’s diplomatic manoeuvre on Iran - Moneyweb-5.4%
• Apr 17, 2024Oil prices fall more than 3% as traders discount Iran-Israel war risk-2.5%