Crude Oil Settles Sharply Higher as Iranian Protests Escalate

Written on 01/09/2026
Rich Asplund

February WTI crude oil (CLG26 ) on Friday closed up +1.36 (+2.35%), and February RBOB gasoline (RBG26 ) closed up +0.0203 (+1.15%). Crude oil and gasoline prices rallied on Friday, posting 1-month highs. Rising tensions in Iran, the fourth-largest producer in OPEC, are supporting crude prices as protests against the...Oil tanker in open sea by StockStudio via Shutterstock
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