Market Update – WTI Crude at Key Resistance Level of C&H

The averages are generally lower, pressured by an increase in oil prices. WTI crude oil futures are +1.5% higher after the U.S. and Iran exchanged strikes over the weekend, a Houthi attack on a Saudi energy facilities, and Iran rejecting the latest U.S. peace proposal sent an hour before U.S. futures opened Monday night. Iran…