# Oil rises over $2 as investors assess Iran war future | live

> Brent and WTI rose more than $2 a barrel on Thursday, recovering from Wednesday's drop of over 8% to the lowest settlements since August 31. Investors reassessed the US-Israeli war with Iran while new attacks on tankers in the Gulf kept supply worries alive.

- Date: 2026-11-05 · published 2026-11-05T18:07:30.823Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/82073-oil-rises-over-2-as-investors-assess-iran-war-future-live
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Oil is a major input to feed transport, fertilizer and energy costs, so swings in crude feed into grain, soymeal and diesel pricing. The rebound shows the market still carries a war risk premium that could reverse quickly.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-04-01 | [Oil shock from Middle East war pushes investors to shun Asian currencies: Reuters poll](https://feedsoft.ai/events/20387-oil-shock-from-middle-east-war-pushes-investors-to-shun-asian-currencies.md) | -12.2% | -1.1% |
| BRENT | 2020-08-10 | [WTI Futures Rise on US Stimulus Progress](https://feedsoft.ai/events/51787-wti-futures-rise-on-us-stimulus-progress.md) | +1.3% | -5.3% |
| 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 | 2021-08-24 | [Crude oil futures extend gains after overnight vault as outlook improves \| S&P Global](https://feedsoft.ai/events/12114-crude-oil-futures-extend-gains-after-overnight-vault-as-outlook-improves-s-and.md) | +5.7% | +7.0% |
| BRENT | 2026-10-28 | [South African rand softens as oil prices rise, Fed in focus \| CNBC Africa](https://feedsoft.ai/events/17333-south-african-rand-softens-as-oil-prices-rise-fed-in-focus-cnbc-africa.md) | -4.7% | — |
| WTI | 2026-10-01 | [Pound falls to three-month lows as investors fret over rates, oil \| Financial News](https://feedsoft.ai/events/17320-pound-falls-to-three-month-lows-as-investors-fret-over-rates-oil-financial-news.md) | -2.3% | +12.3% |
| WTI | 2020-08-10 | [WTI Futures Rise on US Stimulus Progress](https://feedsoft.ai/events/51787-wti-futures-rise-on-us-stimulus-progress.md) | +2.1% | -3.6% |
| WTI | 2023-04-12 | [Oil rises 2% on lower-than-expected US inflation data \| Reuters](https://feedsoft.ai/events/36559-oil-rises-2-on-lower-than-expected-us-inflation-data-reuters.md) | -0.8% | -9.6% |

## Sources

- live.euronext.com: https://live.euronext.com/en/financial-news/oil-rises-over-2-investors-assess-iran-war-future

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