July WTI crude oil (CLN26 ) on Wednesday closed down -5.21 (-5.55%), and July RBOB gasoline (RBN26 ) closed down -0.0798 (-2.54%). Crude oil and gasoline prices on Wednesday fell sharply for a second day, with crude posting a 5-week low and gasoline posting a 6-week low. Crude prices are...Strait of Hormuz by artemegorovv via Shutterstock
Read full articleCrude Oil Prices Sink as Hormuz-Reopening Talks Continue
Written on 05/27/2026