June WTI crude rose $1.44, or 1.38%, and June RBOB gasoline gained $0.0441, or 1.19%, as both markets rallied to 2-week highs. The move reflects doubts over peace negotiations to end the US-Iran war, with the Strait of Hormuz still closed, creating a bullish supply-risk backdrop for energy prices.
June WTI crude rose $1.44, or 1.38%, and June RBOB gasoline gained $0.0441, or 1.19%, as both markets rallied to 2-week highs. The move reflects doubts over peace negotiations to end the US-Iran war, with the Strait of Hormuz still closed, creating a bullish supply-risk backdrop for energy prices.
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request a DemoOverall Sentiment
mildly positive
Sentiment Score
0.35
