Oil Hits One-Week Low as Investors Shrug Off US Sanctions
Brent crude rose 0.3% to $92.44 a barrel as traders weighed tighter U.S. sanctions on Iran and a tanker strike near Oman.
9 Articles
9 Articles
Oil hits one-week low as investors shrug off US sanctions
Oil prices fell over 3% to a one-week low today as traders shrugged off the latest US sanctions campaign against Iran, viewing economic pressure as posing less risk to oil supplies than a military escalation.
The US announced new sanctions against Iran.
The US State Department announced the imposition of new sanctions against Iran.
Oil prices steady as investors weigh impact of expanded U.S. sanctions against Iran
Oil steadied on Tuesday, after falling more than 2% in the previous session, as investors assessed the impact of harsher U.S. secondary sanctions against Iran.
Oil prices on Tuesday, August 25, rose slightly after falling by more than 2% in the previous session, investors assess the impact of the latest announced sanctions The United States against Iran.
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