# Brent futures edge higher as Iran war uncertainty persists

> Brent futures rose about 1.3% on November 5 to around $95.84 a barrel after tumbling more than 8% in the prior session. Uncertainty over the US-Israeli war with Iran and the path to a diplomatic resolution kept investors cautious ahead of the new Congress in January.

- Date: 2026-11-05 · published 2026-11-05T12:07:25.865Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/81605-brent-futures-edge-higher-as-iran-war-uncertainty-persists
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Crude price swings feed through to diesel and freight costs for feed ingredients, and the direction hinges on whether the Iran conflict de-escalates.

## Read by commodity

- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-04-30 | [Global energy costs rise as Iran war affects Brent crude oil price \| AP News](https://feedsoft.ai/events/19893-global-energy-costs-rise-as-iran-war-affects-brent-crude-oil-price-ap-news.md) | -15.3% | -21.9% |
| BRENT | 2026-10-29 | [Brent moves lower as US Fed maintains interest rates](https://feedsoft.ai/events/17041-brent-moves-lower-as-us-fed-maintains-interest-rates.md) | -5.4% | — |
| BRENT | 2016-11-30 | [C$ edges higher against firmer greenback as oil surges](https://feedsoft.ai/events/74053-c-edges-higher-against-firmer-greenback-as-oil-surges.md) | +16.7% | +22.1% |
| BRENT | 2024-04-04 | [Brent Oil Futures Hit $90 a Barrel for First Time Since October - Bloomberg](https://feedsoft.ai/events/30897-brent-oil-futures-hit-90-a-barrel-for-first-time-since-october-bloomberg.md) | +1.2% | -7.2% |
| BRENT | 2018-02-05 | [Colombian peso recovers as price of Brent crude rises \| The City Paper Bogotá](https://feedsoft.ai/events/66753-colombian-peso-recovers-as-price-of-brent-crude-rises-the-city-paper-bogota.md) | -7.5% | -5.4% |
| DIESEL | 2026-04-30 | [Global energy costs rise as Iran war affects Brent crude oil price \| AP News](https://feedsoft.ai/events/19893-global-energy-costs-rise-as-iran-war-affects-brent-crude-oil-price-ap-news.md) | -9.9% | -14.5% |
| DIESEL | 2018-06-18 | [Analysis: What Higher Fuel Prices Mean for Trucking \| Heavy Duty Trucking](https://feedsoft.ai/events/64701-analysis-what-higher-fuel-prices-mean-for-trucking-heavy-duty-trucking.md) | +2.1% | -1.3% |
| DIESEL | 2023-08-25 | [Oil futures up 1% to one-week high on soaring US diesel prices](https://feedsoft.ai/events/34772-oil-futures-up-1-to-one-week-high-on-soaring-us-diesel-prices.md) | -0.2% | +5.4% |

## Sources

- borsaitaliana.it: https://www.borsaitaliana.it/borsa/notizie/radiocor/finance/dettaglio/brent-futures-edge-higher-as-iran-war-uncertainty-persists-nRC_05112026_1100_314126131.html?lang=en

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