Crude Prices Jump on Dollar Weakness and US-Iran Tensions

Written on 02/03/2026
Rich Asplund

March WTI crude oil (CLH26 ) on Tuesday closed up +1.07 (+1.72%), and March RBOB gasoline (RBH26 ) closed up +0.0465 (+2.51%). Crude oil and gasoline prices recovered from early losses on Tuesday and moved sharply higher as the dollar (DXY00 ) weakened. Gains in crude oil accelerated Tuesday as...The index of oil up by Pashalgnatov via istock
Read full article