Crude Prices Surge on Reports the US is Preparing Troop Deployment in Iran
Yahoo Finance·2026-03-20 19:19
April WTI crude oil (CLJ26) on Friday closed up +2.18 (+2.27%), and April RBOB gasoline (RBJ26) closed up +0.1591 (+5.09%). Crude oil and gasoline prices rallied sharply on Friday, with gasoline posting a 3.5-year nearest-futures high. Crude prices surged on Friday as the Iran war drags on, with the Strait of Hormuz closed and Iran continuing attacks on the energy infrastructure of its Middle Eastern neighbors. Gains in crude oil prices accelerated on Friday after CBS reported that Pentagon officials ...