Global Supply Risks Underpin Crude Oil Prices

November WTI crude oil (CLX26 ) is up +2.28 (+2.52%) today, and November RBOB gasoline (RBX26 ) is up +0.1014 (+3.11%). Crude oil and gasoline prices are sharply higher today as talks between the US and Iran to end the war remain deadlocked, keeping the Strait of Hormuz from fully...2 pumpjacks at sunset by vadimrysev via iStock