WTI Price Today: Trump’s Iran Warning and Supply Outages Spark Rally

WTI crude oil prices have climbed to $61.07 USD per barrel, marking a significant 2.97% gain over the past week. This upward move extends a five-week winning streak for the US benchmark, which is now up 6.36% year-to-date. As geopolitical tensions resurface and physical supply constraints tighten, the market is staging a recovery from recent lows.