Renewed Middle East Hostilities Boost Crude Oil Prices

Written on 06/08/2026
Rich Asplund

July WTI crude oil (CLN26 ) today is up +1.31 (+1.45%), and July RBOB gasoline (RBN26 ) is up +0.0450 (+1.48%). Crude oil prices are moving sharply higher today amid a flare-up in hostilities between Iran and Israel that threatens to derail a truce and complicate negotiations to end the...A sunset over a fuel tanker by Sebastian via Pixabay
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