# Brent gains as Iran hardens stance against US

> Front-month ICE Brent rose $1.21 to $92.76 a barrel after Iran said it would not let enriched nuclear material leave the country and warned of consequences for new US strikes. Rising US crude stocks, reported by the API at 9 million barrels, and recovering OPEC output limited the gains.

- Date: 2026-11-12 · published 2026-11-12T18:09:25.989Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/95841-brent-gains-as-iran-hardens-stance-against-us
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Supply risk from Hormuz routes supports crude, but a US stock build and returning Gulf output point to softer pressure. Energy direction affects feed-mill and transport costs.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2018-09-29 | [Brent hits 4-year high as U.S. sanctions on Iran tighten supply](https://feedsoft.ai/events/63234-brent-hits-4-year-high-as-u-s-sanctions-on-iran-tighten-supply.md) | +2.3% | -6.3% |
| BRENT | 2026-03-29 | [Australian Dollar opens lower as Iran warns against US ground military action](https://feedsoft.ai/events/20408-australian-dollar-opens-lower-as-iran-warns-against-us-ground-military-action.md) | +1.2% | -5.1% |
| BRENT | 2026-02-20 | [Brent rises late, settles higher and with weekly gain on Iran-US jitters \| Reuters](https://feedsoft.ai/events/20772-brent-rises-late-settles-higher-and-with-weekly-gain-on-iran-us-jitters-reuters.md) | -1.7% | +51.7% |
| BRENT | 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) | +2.6% | +8.8% |
| BRENT | 2026-08-31 | [Brent nears $90 after US-Iran strikes: Why is crude oil price rising?](https://feedsoft.ai/events/18055-brent-nears-90-after-us-iran-strikes-why-is-crude-oil-price-rising.md) | +10.8% | +22.9% |
| WTI | 2018-09-29 | [Brent hits 4-year high as U.S. sanctions on Iran tighten supply](https://feedsoft.ai/events/63234-brent-hits-4-year-high-as-u-s-sanctions-on-iran-tighten-supply.md) | +1.5% | -7.7% |
| WTI | 2026-02-20 | [Brent rises late, settles higher and with weekly gain on Iran-US jitters \| Reuters](https://feedsoft.ai/events/20772-brent-rises-late-settles-higher-and-with-weekly-gain-on-iran-us-jitters-reuters.md) | -2.2% | +44.4% |
| 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% |

## Sources

- engine.online: https://www.engine.online/news/brent-gains-as-iran-hardens-stance-against-us-83f9

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