Crude Prices Settle Higher on Diminished Prospects for a US-Iran Nuclear Deal

Written on 05/16/2025
Rich Asplund

June WTI crude oil (CLM25 ) Friday closed up +0.87 (+1.41%) and June RBOB gasoline (RBM25 ) closed up +0.0074 (+0.25%). Crude oil and gasoline prices on Friday settled higher after Iran's foreign minister expressed doubts about the status of nuclear talks with the US. Gains in crude were limited...A sunset over a fuel tanker by Sebastian via Pixabay
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