Crude Prices Jump to a 3-Month High on Dollar Weakness and Iran Risks

Written on 01/27/2026
Rich Asplund

March WTI crude oil (CLH26 ) on Tuesday closed up +1.76 (+2.90%), and March RBOB gasoline (RBH26 ) closed up +0.0444 (+2.42%). Crude oil and gasoline prices rose sharply on Tuesday, with crude oil posting a 3-month high and gasoline climbing to an 8-week high. Tuesday's slump in the dollar...Offshore drilling rig by nielubieklonu via iStock
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