The price of crude oil rose on Tuesday as the conflict between Israel and Hezbollah escalated further. Yesterday, Israeli military airstrikes killed almost 500 people in southern Lebanon. Mutual attacks continued today as the international community expressed concern about the growing possibility of an all-out war, with Iran warning of “irreversible consequences.” West Texas Intermediate (WTI) for deliveries in November 2024 added 1.52% at 4:11 am ET and sold for $71.41 per barrel. At the same time, Brent for November settlements increased by 1.26%, going for $74.87 per barrel. NN: Told you so….. Algo’s took the market down yesterday to force out the weak longs.