Threats to Global Crude Supplies Push Prices Higher

August WTI crude oil (CLQ26 ) on Tuesday closed up +1.68 (+2.02%), and August RBOB gasoline (RBQ26 ) closed up +0.0169 (+0.50%). Crude oil and gasoline prices settled higher on Tuesday, with crude climbing to a 5-week high. Threats to global oil supplies are boosting crude oil prices as the...Satellite view of the Middle East and the Strait of Hormuz with Iran highlighted_ Image by FoxPictures via Shutterstock_