Oil Falls Again as Investors Shrug Off Sanctions on Iran
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.
8 Articles
8 Articles
The US announced new sanctions against Iran.
The US State Department announced the imposition of new 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.
Oil prices rose slightly on Tuesday, August 25, after falling more than 2% the day before, while investors assess the possible effects of new US sanctions against Iran. Brent crude futures rose 27 cents, or 0.3%, to $92.44 per barrel. The cost of U.S. West Texas Intermediate crude rose 37 cents, or 0.4%, to $85.38 per barrel, Reuters reported. Analysts at ING noted that the market generally reacted calmly to Washington's intention to increase ec…
Coverage Details
Bias Distribution
- 75% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
