Crude Oil Prices Jump as Strait of Hormuz Remains Shut

June WTI crude oil (CLM26 ) today is up +1.98 (+2.08%), and June RBOB gasoline (RBM26 ) is up +0.0792 (+2.25%). Crude oil and gasoline prices are sharply higher today after President Trump rejected Iran's response to his latest peace proposal, which prolongs the closure of the Strait of Hormuz...A sunset over a fuel tanker by Sebastian via Pixabay