Crude Prices Settle Higher as US-Iran Hostilities Remain

November WTI crude oil (CLX26 ) closed up +1.64 (+1.81%) on Wednesday, and November RBOB gasoline (RBX26 ) closed up +0.1183 (+3.67%). Crude oil and gasoline prices rallied sharply on Wednesday, with gasoline posting a 4-month high. Crude prices erased overnight losses and moved sharply higher as the end to...Satellite view of the Middle East and the Strait of Hormuz with Iran highlighted_ Image by FoxPictures via Shutterstock_