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strikeJul 23, 2026

Oil Prices Soar as US-Iran Conflict Expands to Red Sea

Summary

September WTI crude oil (CLU26) on Wednesday closed up +2.49 (+2.95%), and September RBOB gasoline (RBU26) closed up +0.0186 (+0.58%).

Source: Barchart — Read the full report

Actors involved

USIranProxyRussia

Sources

  • BarchartBy Barchart

    September WTI crude oil (CLU26) on Wednesday closed up +2.49 (+2.95%), and September RBOB gasoline (RBU26) closed up +0.0186 (+0.58%). WTI crude oil prices (CLU26) are up more than +6% today after the Iran-backed Houthis launched a missile and drone attack on two Saudi Arabian oi…

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