# Brent crude rises 1.6% to $96.15 as traders weigh Iran war path

> Brent futures rose $1.53 to $96.15 a barrel on November 5 after falling more than 8% in the prior session, while WTI gained to $88.64. Traders weighed the course of the US-Israeli war with Iran, and the IRGC reported fires in the Strait of Hormuz.

- Date: 2026-11-05 · published 2026-11-05T15:07:40.066Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/81910-brent-crude-rises-1-6-to-96-15-as-traders-weigh-iran-war-path
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Prices remain elevated on supply risk, and a rebound after a sharp selloff keeps energy costs volatile for feed makers. Eurasia Group's escalation scenario of $110 to $125 Brent would raise costs for importers.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- piqmarkets.com: https://piqmarkets.com/story/brent-crude-rises-1-6-to-96-15-as-traders-weigh-iran-war-path

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