Indian Rupee gains further in countdown to US elections

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, 2022Oil settles down again; Russia to fulfil supply contracts-11.0%
• May 24, 2021Urea: US-Iran Sanctions - Trade flow disruption ahead?+4.4%
• Jul 16, 2020OPEC+ to ease production cuts in August | Oil & Gas Journal+0.6%
• Oct 29, 2026Oil falls as efforts to revive US-Iran talks ease supply concerns-5.4%
• Jul 11, 2018Crude oil falls after US softens stance on Iranian sanction waivers - The HinduBusinessLine-8.7%

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, 2022Oil settles down again; Russia to fulfil supply contracts-12.7%
• Jul 16, 2020OPEC+ to ease production cuts in August | Oil & Gas Journal+1.7%
• Oct 29, 2026Oil falls as efforts to revive US-Iran talks ease supply concerns-2.3%
• Jul 11, 2018Crude oil falls after US softens stance on Iranian sanction waivers - The HinduBusinessLine-8.2%
• Feb 26, 2019Despite progress in trade talks between the U.S. and China, oil futures gave up early gains+2.2%

Not enough comparable past events yet for a historical read.