# Oil rises on mixed signals over Iran war outlook

> Oil climbed on November 11 as traders weighed mixed signals on ending the Iran war. Trump said further strikes would not be necessary, but regional flare-ups persisted and peace talks showed little progress. WTI rose above $86 a barrel and Brent closed near $93 after both fell sharply in the prior two days.

- Date: 2026-11-11 · published 2026-11-12T00:11:11.039Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/94376-oil-rises-on-mixed-signals-over-iran-war-outlook
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Crude prices feed directly into diesel and biofuel economics, which affect feed ingredient costs such as soybean oil and ethanol co-products. Continued Gulf supply uncertainty keeps energy costs elevated for feed producers.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-10-02 | [Oil rises slightly as market weighs mixed supply signals \| Reuters](https://feedsoft.ai/events/9316-oil-rises-slightly-as-market-weighs-mixed-supply-signals-reuters.md) | -1.5% | +5.6% |
| WTI | 2024-03-28 | [Oil rises more than $1 a barrel on tighter supply outlook](https://feedsoft.ai/events/31366-oil-rises-more-than-1-a-barrel-on-tighter-supply-outlook.md) | +6.4% | +3.2% |
| WTI | 2018-09-27 | [Oil rises as investors fret over Iranian supply gaps](https://feedsoft.ai/events/63232-oil-rises-as-investors-fret-over-iranian-supply-gaps.md) | +6.1% | -7.4% |
| WTI | 2023-03-30 | [Oil rises over 1% on Iraqi supply risks, U.S. crude draw \| Reuters](https://feedsoft.ai/events/36774-oil-rises-over-1-on-iraqi-supply-risks-u-s-crude-draw-reuters.md) | +10.6% | +2.5% |
| WTI | 2022-12-23 | [Oil rises $3/bbl after Russia signals output cut due to price cap](https://feedsoft.ai/events/38393-oil-rises-3-bbl-after-russia-signals-output-cut-due-to-price-cap.md) | +3.3% | +3.0% |
| BRENT | 2026-10-02 | [Oil rises slightly as market weighs mixed supply signals \| Reuters](https://feedsoft.ai/events/9316-oil-rises-slightly-as-market-weighs-mixed-supply-signals-reuters.md) | +7.5% | +9.7% |
| BRENT | 2024-03-28 | [Oil rises more than $1 a barrel on tighter supply outlook](https://feedsoft.ai/events/31366-oil-rises-more-than-1-a-barrel-on-tighter-supply-outlook.md) | +5.8% | +3.6% |
| BRENT | 2018-09-27 | [Oil rises as investors fret over Iranian supply gaps](https://feedsoft.ai/events/63232-oil-rises-as-investors-fret-over-iranian-supply-gaps.md) | +5.2% | -5.9% |

## Sources

- straitstimes.com: https://www.straitstimes.com/business/companies-markets/oil-rises-on-mixed-signals-over-iran-war-outlook

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