# WTI holds above $90 as US-Iran tensions persist

> WTI traded just above $90, extending a recovery from the previous day’s low as U.S.-Iran tensions and threats to commercial traffic sustained market concerns. Hopes for diplomacy after the U.S. midterm elections and caution ahead of the U.S. employment report limited buyers’ conviction.

- Date: 2026-11-06 · published 2026-11-06T06:08:01.828Z
- Category: geopolitics · region Middle East · magnitude low
- Page: https://feedsoft.ai/events/83377-wti-holds-above-90-as-us-iran-tensions-persist
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Disruption risks around the Strait of Hormuz support crude by threatening supply flows, while diplomatic progress could reduce that risk premium and pressure prices.

## Read by commodity

- WTI: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-01-29 | [Brent crude rallies above $71 on renewed U.S.-Iran tensions](https://feedsoft.ai/events/21237-brent-crude-rallies-above-71-on-renewed-u-s-iran-tensions.md) | +2.9% | +3.6% |
| WTI | 2026-10-01 | [Brent crude oil surges past $102 amid Hormuz tensions, US-Iran conflict](https://feedsoft.ai/events/9323-brent-crude-oil-surges-past-102-amid-hormuz-tensions-us-iran-conflict.md) | -2.3% | +8.7% |
| WTI | 2022-03-01 | [WTI Tops $103 as Supply Fears Persist - TT](https://feedsoft.ai/events/12840-wti-tops-103-as-supply-fears-persist-tt.md) | +24.3% | +11.5% |
| WTI | 2026-04-29 | [Crude oil price near three-week high as UAE leaves OPEC; Strait of Hormuz disruption, US-Iran tension persist \| Stock Market News](https://feedsoft.ai/events/19903-crude-oil-price-near-three-week-high-as-uae-leaves-opec-strait-of-hormuz.md) | +2.2% | -10.9% |
| WTI | 2019-06-14 | [Oil Market: Middle East tanker attacks, US-Iran tensions in focus](https://feedsoft.ai/events/58767-oil-market-middle-east-tanker-attacks-us-iran-tensions-in-focus.md) | +8.5% | +14.7% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/wti-sticks-to-gains-above-9000-as-us-iran-tensions-persist-lacks-bullish-conviction-202611060541

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