Crude Oil Rallies as Iranian Attacks Disrupt Middle Eastern Supplies
Yahoo Finance·2026-03-18 03:16
April WTI crude oil (CLJ26) on Tuesday closed up +2.71 (+2.90%), and April RBOB gasoline (RBJ26) closed up +0.1231 (+4.10%). Crude oil and gasoline prices rallied sharply on Tuesday, with gasoline posting a 1-week high. Energy prices are rising amid renewed attacks on key energy infrastructure in the Middle East by Iran. Also, Tuesday's weaker dollar was supportive of energy prices. Crude oil settled sharply higher on Tuesday amid disruptions to Middle Eastern energy supplies. Operations were suspend ...