WTI Jumps 51% in a Month on Iran War Supply Shock
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…