WTI Jumps 51% in a Month on Iran War Supply Shock ...Middle East

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WTI Jumps 51% in a Month on Iran War Supply Shock
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West Texas Intermediate added some 51% over last month, currently trading at over $100 per barrel as President Trump indicated the war against Iran was not coming to a swift end. The Wall Street Journal reported that the price rise represented a difference of $34.36, which was the highest monthly price climb since WTI futures started trading on the commodity exchange, back in 1983. As a result of the benchmark price rise, gasoline has topped $4 per gallon and diesel fuel sits at $5.50 per gallon, according to the latest data from AAA. The last…

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