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USOILCrude Oil (WTI)
92.09
-4.67%
DATE: 2026-05-27
SUPPORT:86.180.1
RESISTANCE:98.08104.08
Past
What happened
WTI cratered 4.67% to 92.09 — the biggest one-day drop in weeks — as Trump and Rubio confirmed progress on a Hormuz-reopening framework with Iran.
Why
Why it matters
The Iran war premium that pushed crude over 100 in May is unwinding in real time; if Hormuz actually reopens, fair value resets toward the mid-80s.
Watch
What to watch
90.00 round-number test today; if Rubio walks back the optimism in the next 24h, this is the kind of selloff that snaps back fast.
HEADLINES
2026-05-26ARCHIVEnewer →