# Oil up 1%, Iran says no nuclear material will leave state

> Oil rose about 1% from the previous session’s two-month lows after Iran’s security chief said the country would not allow enriched nuclear material to leave. Prices also drew support from uncertainty over diplomacy and continued attacks on Gulf shipping, including a reported tanker strike off Oman.

- Date: 2026-11-11 · published 2026-11-11T12:11:09.339Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/93418-oil-up-1-iran-says-no-nuclear-material-will-leave-state
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Reduced hopes for an imminent diplomatic resolution and ongoing shipping threats sustain a risk premium in crude, which can increase feed-production and freight costs.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2019-04-22 | [Oil surges as US says it will end Iran sanctions waivers](https://feedsoft.ai/events/9605-oil-surges-as-us-says-it-will-end-iran-sanctions-waivers.md) | -1.1% | -1.9% |
| WTI | 2019-06-20 | [US oil surges to $56.65 after Trump says Iran made a 'mistake'](https://feedsoft.ai/events/12317-us-oil-surges-to-56-65-after-trump-says-iran-made-a-mistake.md) | +10.2% | +2.6% |
| WTI | 2025-06-13 | [FACTBOX: Oil surges as Israel strikes Iran nuclear sites, traders eye supply risks](https://feedsoft.ai/events/10993-factbox-oil-surges-as-israel-strikes-iran-nuclear-sites-traders-eye-supply-risks.md) | +10.2% | +1.1% |
| WTI | 2026-07-08 | [LatAm assets slide with global markets after Trump says Iran deal 'over' \| MarketScreener](https://feedsoft.ai/events/18630-latam-assets-slide-with-global-markets-after-trump-says-iran-deal-over.md) | +12.5% | +7.9% |
| WTI | 2019-06-21 | [U.S. oil soars 10% in week on fears of U.S.-Iran conflict](https://feedsoft.ai/events/12313-u-s-oil-soars-10-in-week-on-fears-of-u-s-iran-conflict.md) | +4.3% | -2.3% |
| BRENT | 2019-04-22 | [Oil surges as US says it will end Iran sanctions waivers](https://feedsoft.ai/events/9605-oil-surges-as-us-says-it-will-end-iran-sanctions-waivers.md) | +0.4% | +2.4% |
| BRENT | 2019-06-20 | [US oil surges to $56.65 after Trump says Iran made a 'mistake'](https://feedsoft.ai/events/12317-us-oil-surges-to-56-65-after-trump-says-iran-made-a-mistake.md) | +7.0% | +2.1% |
| BRENT | 2018-05-09 | [Saudi Arabia will not act alone to fill any Iran oil shortfall: OPEC source](https://feedsoft.ai/events/64941-saudi-arabia-will-not-act-alone-to-fill-any-iran-oil-shortfall-opec-source.md) | +5.6% | -0.3% |

## Sources

- channelnewsasia.com: https://www.channelnewsasia.com/business/oil-up-1-after-iran-says-no-nuclear-material-will-leave-country-6541486
- rte.ie: https://www.rte.ie/news/business/2026/1111/1598803-world-oil-prices/

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