US-Iran Diplomacy Hopes Weigh on Crude Oil Prices

Written on 11/03/2026
Rich Asplund

December WTI crude oil (CLZ26 ) closed down -0.37 (-0.38%) on Tuesday, and December RBOB gasoline (RBZ26 ) closed up +0.0354 (+1.22%). Crude oil and gasoline prices settled mixed on Tuesday, with Dec WTI crude oil falling to a 2-week low. Crude prices gave up an overnight advance and turned...Satellite view of the Middle East and the Strait of Hormuz with Iran highlighted_ Image by FoxPictures via Shutterstock_
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