strikeMay 28, 2026

Crude Oil Prices Sink as Hormuz-Reopening Talks Continue

Summary

July WTI crude oil (CLN26) on Wednesday closed down -5.21 (-5.55%), and July RBOB gasoline (RBN26) closed down -0.0798 (-2.54%). Crude oil and gasoline prices on Wednesday fell sharply for a second day, with crude posting a 5-week low and gasoline posting a 6-week low.

Source: Barchart — Read the full report

Actors involved

USIranEURussia

Sources

BarchartBy Barchart
July WTI crude oil (CLN26) on Wednesday closed down -5.21 (-5.55%), and July RBOB gasoline (RBN26) closed down -0.0798 (-2.54%). Crude oil and gasoline prices on Wednesday fell sharply for a second day, with crude posting a 5-week low and gasoline posting a 6-week low. Crude pric…

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