# Oil rises as investors weigh risk of Iran war escalation

> Brent futures rose about 0.4% to near $95 a barrel on Thursday while WTI slipped to about $87.85, after both benchmarks fell more than 8% in the previous session. Traders are weighing the risk of renewed US-Israeli escalation with Iran following the Republican losses in the midterm elections. Eurasia Group cut its odds of a deal to 10% and raised its odds of a continued standoff to 30%.

- Date: 2026-11-05 · published 2026-11-05T09:07:51.538Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/81443-oil-rises-as-investors-weigh-risk-of-iran-war-escalation
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The war-risk premium is shifting, but supply risk remains high with strategic reserves thin, so crude is likely to stay volatile and sensitive to any renewed strikes. Higher energy costs feed into diesel, fertiliser and freight costs for feed ingredients.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Sources

- live.euronext.com: https://live.euronext.com/en/financial-news/oil-rises-investors-weigh-risk-iran-war-escalation

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.