# Brent oil futures flat after Trump’s remarks on Iran war

> Brent futures were nearly unchanged and WTI futures edged higher after Trump said fresh attacks on Iran were unlikely as long as negotiations progress. The report also noted his statement that a US naval blockade was in effect and cited an understanding allowing Iraqi oil exports through the Strait of Hormuz.

- Date: 2026-11-09 · published 2026-11-09T06:08:40.584Z
- Category: geopolitics · region Middle East · magnitude low
- Page: https://feedsoft.ai/events/88765-brent-oil-futures-flat-after-trump-s-remarks-on-iran-war
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The prospect of fewer attacks could reduce the geopolitical premium, while uncertainty around the blockade and Gulf shipping keeps supply risk elevated. That combination is consistent with limited movement in futures.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2022-08-24 | [Oil ends higher on U.S. response to Iran nuclear deal comments](https://feedsoft.ai/events/40194-oil-ends-higher-on-u-s-response-to-iran-nuclear-deal-comments.md) | -0.5% | -9.7% |
| BRENT | 2026-03-09 | [Markets seesaw over oil price fears as Trump says war to be ‘ended soon’ - The Washington Post](https://feedsoft.ai/events/6634-markets-seesaw-over-oil-price-fears-as-trump-says-war-to-be-ended-soon-the.md) | +9.5% | +25.6% |
| BRENT | 2025-06-24 | [What influences crude oil more? US bombs or Iran's silent allies](https://feedsoft.ai/events/9610-what-influences-crude-oil-more-us-bombs-or-iran-s-silent-allies.md) | -6.9% | -3.2% |
| BRENT | 2019-06-24 | [Commodities Week Ahead: Oil Glued To Trump-Iran Face Off; Gold Watches Fed \| Investing.com](https://feedsoft.ai/events/58512-commodities-week-ahead-oil-glued-to-trump-iran-face-off-gold-watches-fed.md) | +2.2% | -5.9% |
| BRENT | 2019-09-16 | [OPEC says too early for any action on oil after Saudi attacks](https://feedsoft.ai/events/57001-opec-says-too-early-for-any-action-on-oil-after-saudi-attacks.md) | +6.6% | -0.3% |
| WTI | 2022-08-24 | [Oil ends higher on U.S. response to Iran nuclear deal comments](https://feedsoft.ai/events/40194-oil-ends-higher-on-u-s-response-to-iran-nuclear-deal-comments.md) | -3.8% | -12.9% |
| WTI | 2026-03-09 | [Markets seesaw over oil price fears as Trump says war to be ‘ended soon’ - The Washington Post](https://feedsoft.ai/events/6634-markets-seesaw-over-oil-price-fears-as-trump-says-war-to-be-ended-soon-the.md) | +8.5% | +25.0% |
| WTI | 2025-06-24 | [What influences crude oil more? US bombs or Iran's silent allies](https://feedsoft.ai/events/9610-what-influences-crude-oil-more-us-bombs-or-iran-s-silent-allies.md) | -4.6% | -1.6% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/commodities/brent-oil-futures-flat-after-trumps-remarks-on-iran-war/article71681409.ece

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