Increased Hostilities in the Middle East Boost Crude Oil Prices

November WTI crude oil (CLX26 ) is up +0.94 (+1.00%) today, and November RBOB gasoline (RBX26 ) is down -0.049 (-0.15%). Crude oil prices extended this week’s rally to a 2-week high today. Escalating hostilities in the Middle East that are disrupting regional energy supplies are pushing crude prices higher....Satellite view of the Middle East and the Strait of Hormuz with Iran highlighted_ Image by FoxPictures via Shutterstock_