Crude Oil Prices Tumble as Talks Resume to Reopen Strait of Hormuz

Written on 08/03/2026
Rich Asplund

September WTI crude oil (CLU26 ) today is down -4.87 (-5.75%), and September RBOB gasoline (RBU26 ) is down -0.1186 (-3.81%). Crude oil and gasoline prices are sharply lower today, with gasoline falling to a 3-week low. Easing tensions in the Middle East are weighing on crude prices today after...Strait of Hormuz by artemegorovv via Shutterstock
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