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Barchart
Barchart
Rich Asplund

Crude Prices Climb on Possible Sanctions on Russian Oil and Middle East Tensions

July WTI crude oil (CLN25) today is up +1.02 (+1.68%), and July RBOB gasoline (RBN25) is up +0.0150 (+0.73%).

Crude oil and gasoline prices today are climbing on concern the US might ramp up sanctions on Russian crude exports as Russian President Putin refuses to agree to a ceasefire with Ukraine.  Crude oil also has support from recent reports that Israel wants to strike Iran's nuclear facilities.  

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