Crude Oil Prices Jump on Fears of a Wider Conflict in the Middle East
Yahoo Finance·2026-03-24 23:33
May WTI crude oil (CLK26) today is up +3.37 (+3.82%), and May RBOB gasoline (RBK26) is up +0.1158 (+3.92%). Crude oil and gasoline prices are sharply higher today, recovering some of Monday’s losses amid concerns that the conflict in the Middle East could escalate. Crude prices are climbing today after the Wall Street Journal reported that Saudi Arabia and the United Arab Emirates (UAE) have taken steps toward joining the Iran war, potentially signaling an escalation of the fighting. Saudi Arabia agreed ...