April WTI crude oil (CLJ26 ) on Thursday closed up +8.48 (+9.72%), and April RBOB gasoline (RBJ26 ) closed up +0.1763 (+6.32%). Energy prices settled sharply higher on Thursday due to comments from Iran's Supreme Leader Ayatollah Mojtaba Khamenei, who said that Iran's leverage of closing the Strait of Hormuz...An oil tanker out at sea by Gerhard Traschutz via Pixabay
Read full articleCrude Oil Surges as Strait of Hormuz Remains Closed
Written on 03/12/2026