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Line chart tracking WTI crude oil's round trip from a June low to a new high near $92.

West Texas Intermediate crude has round tripped sharply over the past five weeks, from a post ceasefire trough near $69 on June 25 to a peak above $92 on July 23 following Houthi strikes on Saudi tanker traffic in the Red Sea. Wednesday's close came within nine dollars of that peak after Iran's missile attack on US forces, all of which were intercepted. The move sets the range against which the next round of Hormuz linked headlines will be read.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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