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Gasoline Futures

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Large oil tanker on the ocean near the coast, sailing under a vibrant sunset sky.
NEWSAUG 24, 2026
Oil Traders Watch Hormuz Flows as Supply Risk Keeps Crude Buyers in Control
Crude oil markets remain supported after a temporary U.S.-Iran agreement expired without fresh talks, leaving the Strait of Hormuz risk premium intact. Thin ship traffic through the waterway and stronger refined product margins are keeping sellers on the defensive.