May WTI crude oil (CLK26 ) on Thursday closed up +3.40 (+3.72%), and May RBOB gasoline (RBK26 ) closed up +0.0945 (+3.08%). Crude oil and gasoline prices rallied sharply on Thursday as the US naval blockade of the Strait of Hormuz entered its fourth day, curbing oil supplies from the...A sunset over a fuel tanker by Sebastian via Pixabay
Read full articleCrude Oil Rallies on Concerns US-Iran War to Persist
Written on 04/16/2026
Rich Asplund

