Update: WTI Oil Extends Rally as US-Iran Fighting Threatens Persian Gulf Supply
() -- (Updates prices in the second paragraph.) West Texas Intermediate (WTI) crude oil rose for a second day on Tuesday as renewed fighting between the US and Iran again threatens to keep Persian Gulf supply off the market. WTI crude oil for August delivery closed up $1.20, or 1.5%, to settle at $79.34 per barrel, the