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5 Days of the US-Israel War against Iran, Crude Oil Prices Rise by 12%

Adi Ahdiat 05/03/2026 16:08 WIB

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In the five days of the US-Israeli war against Iran, namely from February 28 to March 4, 2026, the price of Brent crude oil has already risen by 12%.

The price of Brent crude oil (February 4 - March 4, 2026)

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The price of Brent crude oil (February 4 - March 4, 2026)

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The United States (US) and Israel attacked Iran on February 28, 2026, over allegations that Iran was developing a nuclear program that threatened the US and its allies.

Iran then launched a counter-attack on Israel and US military bases scattered across the Middle East, and the war has continued to this day.

After the outbreak of war, energy commodity prices rose, especially oil.

According to Investing.com data, on the day before the war, February 27, 2026, the price of Brent crude oil was still US$72.48 per barrel.

Then, by the fifth day of the war, March 4, 2026, the price of Brent crude oil had risen by 12% to US$81.40 per barrel.

Compared to the previous month, the price was 17% higher (month-to-month).

According to financial services company Morgan Stanley, global oil prices are still likely to rise because the war has not subsided.

"A prolonged conflict with Iran could lead to higher oil prices, higher inflation, and greater market uncertainty," said Morgan Stanley in the report Iran Conflict: Seven Takeaways for Investors, March 3, 2026.

"President Trump said the attack could last for four to five weeks. A conflict lasting longer than a few weeks increases the likelihood of economic pressure," he continued.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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5 Days of the US-Israel War against Iran, Crude Oil Prices Rise by 12%

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5 Days of the US-Israel War against Iran, Crude Oil Prices Rise by 12%

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