# What influences crude oil more? US bombs or Iran's silent allies

> Media coverage focused on fears that Iran would block the Strait of Hormuz, which carries about 20% of global crude oil and LNG, or strike US military bases in the region. The article questions whether US military action or Iran's allies have more influence on crude prices.

- Date: 2025-06-24 · published 2025-06-24T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/9610-what-influences-crude-oil-more-us-bombs-or-iran-s-silent-allies
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Perceived supply-disruption risk in the Gulf adds a geopolitical premium to crude, which feeds through to diesel, fertilizer and freight costs for feed producers.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2018-12-07 | [Who really influences the price of oil?](https://feedsoft.ai/events/61732-who-really-influences-the-price-of-oil.md) | +2.2% | -2.9% |
| BRENT | 2016-11-16 | [Oil volatile as U.S. crude build faces OPEC freeze hopes](https://feedsoft.ai/events/12018-oil-volatile-as-u-s-crude-build-faces-opec-freeze-hopes.md) | +4.5% | +19.7% |
| BRENT | 2024-10-30 | [What's in Store for the Oil and Gas Markets in Q4? - FocusEconomics](https://feedsoft.ai/events/8119-what-s-in-store-for-the-oil-and-gas-markets-in-q4-focuseconomics.md) | +7.2% | +3.6% |
| BRENT | 2026-04-06 | [OPEC+ to hike crude output: Will it make a difference to oil prices? \| Euronews](https://feedsoft.ai/events/19611-opec-to-hike-crude-output-will-it-make-a-difference-to-oil-prices-euronews.md) | -9.7% | -4.1% |
| BRENT | 2026-04-29 | [In five charts: How UAE's exit could affect Opec's influence over the oil price](https://feedsoft.ai/events/19884-in-five-charts-how-uae-s-exit-could-affect-opec-s-influence-over-the-oil-price.md) | -1.9% | -16.4% |
| WTI | 2018-12-07 | [Who really influences the price of oil?](https://feedsoft.ai/events/61732-who-really-influences-the-price-of-oil.md) | +2.2% | -6.2% |
| WTI | 2016-11-16 | [Oil volatile as U.S. crude build faces OPEC freeze hopes](https://feedsoft.ai/events/12018-oil-volatile-as-u-s-crude-build-faces-opec-freeze-hopes.md) | +4.8% | +11.3% |
| WTI | 2024-10-30 | [What's in Store for the Oil and Gas Markets in Q4? - FocusEconomics](https://feedsoft.ai/events/8119-what-s-in-store-for-the-oil-and-gas-markets-in-q4-focuseconomics.md) | +7.1% | +2.3% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/what-influences-crude-oil-more-us-bombs-or-irans-silent-allies-2025-06-24/

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