Oil News: WTI and Brent Rise as Hormuz Shipping Disruptions Renew Supply Fears

After 626 past bullish geopolitics events, Crude Oil (WTI) moved a median +2.1% over 5 sessions (62% higher; middle half -2.3% to +8.5%), and +1.6% over 20.

• Oct 2, 2026Oil Rises as Mideast Tensions Sustain Supply-Disruption Fears-1.5%
• Mar 2, 2026Oil Prices Surge as Hormuz Disruptions Threaten Global Supply, Analysts Warn - Bloomberg+35.6%
• Apr 1, 2026How the Iran War Is Disrupting Global Oil and Gas Supply-6.6%
• Apr 28, 2026Oil Prices Surge as Hormuz Tensions Push WTI Near $100 and Brent Above $111, Threatening Global Energy Markets+10.1%
• Mar 29, 2017Arab News | Oil prices rise with Libya disruption+5.5%

After 656 past bullish geopolitics events, Crude Oil (Brent) moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.

• Oct 2, 2026Oil Rises as Mideast Tensions Sustain Supply-Disruption Fears+7.5%
• Mar 5, 2026Asia refining margins rocket to highest in nearly 4 years on Hormuz supply disruption | Reuters+12.3%
• Mar 2, 2026Oil Prices Surge as Hormuz Disruptions Threaten Global Supply, Analysts Warn - Bloomberg+31.0%
• Apr 1, 2026How the Iran War Is Disrupting Global Oil and Gas Supply-12.2%
• Apr 28, 2026Oil Prices Surge as Hormuz Tensions Push WTI Near $100 and Brent Above $111, Threatening Global Energy Markets+4.8%