Crude Oil Prices Fall as Oil Supplies Flow Through the Strait of Hormuz

Written on 06/23/2026
Rich Asplund

August WTI crude oil (CLQ26 ) today is down -0.67 (-0.91%), and August RBOB gasoline (RBQ26 ) is down -0.0534 (-1.85%). Crude oil and gasoline prices are under pressure today, with crude oil falling to a 3.5-month low. Today’s rally in the dollar index ($DXY ) to a 13-month high...Petroleum oil and gas process offshore field by Saknarong Butsabong via Shutterstock
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