June WTI crude oil (CLM26 ) on Wednesday closed up +3.29 (+3.67%), and June RBOB gasoline (RBM26 ) closed up +0.1201 (+3.84%). Crude oil and gasoline prices rallied sharply on Wednesday, with gasoline posting a 3-week high. Energy prices surged on Wednesday as the cancellation of peace talks between the...Strait of Hormuz by artemegorovv via Shutterstock
Read full articleCrude Oil Prices Surge as Closure of Hormuz Threatens Supply Shortages
Written on 04/22/2026
Rich Asplund

