Gasoline prices today: RBOB futures climb as Strait of Hormuz warning keeps fuel traders cautious
NYMEX front-month RBOB gasoline futures rose 1.02% to $1.9731 per gallon in early Tuesday trading. U.S. average retail gasoline prices increased to $2.921 a gallon, up nearly 2 cents from Monday, AAA reported. Crude oil prices slipped as traders watched U.S.-Iran tensions and awaited Wednesday’s U.S. fuel inventory report.