Heightened Middle East Tensions Boost Crude Oil Prices

Written on 08/19/2026
Rich Asplund

September WTI crude oil (CLU26) closed up +0.89 (+1.05%) on Wednesday, and September RBOB gasoline (RBU26) closed down -0.0466 (-1.41%). Crude oil and gasoline prices settled mixed on Wednesday, with crude oil posting a 4-week high. Wednesday’s sharp decline in the dollar index ($DXY ) to a 2.5-month low was...Oil production with Iran flag by EVER STOCK via Shutterstock
Read full article