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The Strait of Hormuz is closed, and crude oil and gasoline prices hit new highs in three weeks
2026-08-19 01:33:44
According to CoinMeta, with the closure of the Strait of Hormuz, WTI crude oil ( CLU26 ) for September delivery rose by $0.80 (+0.95%) today, while RBOB gasoline ( RBU26 ) for September delivery increased by $0.0232 (+0.71%). The prices of crude oil and gasoline continued their strong rebound from Monday, reaching new highs in three weeks, as tensions between the United States and Iran over control of the Strait of Hormuz remain unresolved, restricting crude oil supply.
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Source：Internet
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