Update: WTI Oil Falls as Renewed Iran-US Fighting Keeps Persian Gulf Supply Disrupted
() -- (Updates prices in the second paragraph.) West Texas Intermediate (WTI) crude oil closed lower Friday as fighting between the U.S. and Iran continues, while some ships continue to move out of the Persian Gulf through the Strait of Hormuz, boosting supply. WTI crude oil for August delivery closed down $0.67, or 0.