# Crude Prices Supported by Concerns US-Iran War Will Linger

> December WTI crude rose 0.39% while RBOB gasoline fell 1.04%, with crude supported after President Trump said the US doesn't need a deal with Iran. US Central Command reported shooting down two Iranian IRGC drones aimed at a US base in Bahrain, and Verisk Maplecroft counted 36 attacks on commercial ships in the Gulf region in October.

- Date: 2026-11-13 · published 2026-11-13T18:10:00.529Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/98108-crude-prices-supported-by-concerns-us-iran-war-will-linger
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Prolonged disruption to Middle East energy supply keeps crude and diesel costs elevated, raising freight, fertilizer and feed-processing costs for buyers. The IEA's projected surplus and a stronger dollar limit the upside.

## Read by commodity

- DXY: bullish ▲
- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-05-17 | [Oil prices rise 3% to two-week high on Iran war supply concerns \| Reuters](https://feedsoft.ai/events/19430-oil-prices-rise-3-to-two-week-high-on-iran-war-supply-concerns-reuters.md) | -8.1% | -22.7% |
| WTI | 2026-03-11 | [Crude oil surge likely to support palm prices \| The Star](https://feedsoft.ai/events/15488-crude-oil-surge-likely-to-support-palm-prices-the-star.md) | +14.9% | +14.3% |
| WTI | 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) | +9.6% | +4.0% |
| WTI | 2024-01-03 | [Oil prices settle up 3% on supply concerns after oilfield shutdown in Libya](https://feedsoft.ai/events/32314-oil-prices-settle-up-3-on-supply-concerns-after-oilfield-shutdown-in-libya.md) | +2.6% | +7.9% |
| WTI | 2021-04-27 | [Here's What Causes Oil Prices To Rise Despite Lingering Concerns On Indian Demand](https://feedsoft.ai/events/47760-here-s-what-causes-oil-prices-to-rise-despite-lingering-concerns-on-indian.md) | +4.0% | +6.6% |
| BRENT | 2026-05-17 | [Oil prices rise 3% to two-week high on Iran war supply concerns \| Reuters](https://feedsoft.ai/events/19430-oil-prices-rise-3-to-two-week-high-on-iran-war-supply-concerns-reuters.md) | -5.7% | -24.9% |
| BRENT | 2026-03-11 | [Crude oil surge likely to support palm prices \| The Star](https://feedsoft.ai/events/15488-crude-oil-surge-likely-to-support-palm-prices-the-star.md) | +19.2% | +21.1% |
| 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% |

## Sources

- barchart.com: https://www.barchart.com/story/news/8824868/crude-prices-supported-by-concerns-us-iran-war-will-linger

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