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Oil falls over 4% as investors shrug off US sanctions on Iran

Oil falls over 4% as investors shrug off US sanctions on Iran

By Shariq Khan and Anushree Mukherjee NEW YORK, Aug 25 (Reuters) - Oil prices fell about 4% to a one-week low on Tuesday as traders shrugged off the latest U.S. sanctions campaign against Iran, viewing economic pressure as posing less risk to oil supplies than a military escalation.
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Oil steadies as investors weigh impact of latest US sanctions on Iran

Oil steadies as investors weigh impact of latest US sanctions on Iran

By Ishaan Arora and Jeslyn Lerh SINGAPORE, Aug 25 (Reuters) - Oil prices recovered ground on Tuesday after settling down more than 2% in the previous session, with investors assessing the impact of the latest U.S. sanctions against Iran.
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US widens sanctions on Iran but withholds more punishing options

US widens sanctions on Iran but withholds more punishing options

By David Lawder and Humeyra Pamuk WASHINGTON, Aug 24 (Reuters) - The U.S. on Monday unveiled an expansion of sanctions that it said would cut off Iran's economic lifeline but stopped short of the most punishing measures, instead putting the world on notice to cease doing business with the Islamic
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Iran and Oman hold talks on managing the Strait of Hormuz and other news from around the Middle East

Iran and Oman hold talks on managing the Strait of Hormuz and other news from around the Middle East

Iran and Oman say their top diplomats have met to discuss a phased approach to managing ship traffic through the the Strait of Hormuz
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Ship disabled by attack in Strait of Hormuz and other news from around the Middle East

Ship disabled by attack in Strait of Hormuz and other news from around the Middle East

An oil tanker was disabled after being struck by an unknown projectile off Oman, underscoring shipping risks as Iran maintains tight control over the Strait of Hormuz
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Iran warns of a harsh response to anticipated US sanctions and other Middle East news

Iran warns of a harsh response to anticipated US sanctions and other Middle East news

Iran has warned that U.S. sanctions set to be announced would not bring peace to the region
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An attack disables a ship in the Strait of Hormuz and other news from around the Middle East

An attack disables a ship in the Strait of Hormuz and other news from around the Middle East

An oil tanker was disabled after being struck by an unknown projectile off Oman, underscoring shipping risks as Iran maintains tight control over the Strait of Hormuz
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Iran's rial currency hits new record low as US prepares to announce more sanctions

Iran's rial currency hits new record low as US prepares to announce more sanctions

Iran’s currency has hit a record low as Washington prepares to announce new sanctions it said would be an “economic D-Day.”
Reuters Reuters
Oil extends fall as investors shrug off latest US sanctions on Iran

Oil extends fall as investors shrug off latest US sanctions on Iran

By Jeslyn Lerh SINGAPORE, Aug 25 (Reuters) - Oil prices fell further on Tuesday after settling down more than 2% in the previous session, with investors brushing off the impact of the latest U.S. sanctions against Iran.
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Iran says new sanctions threatened by 'desperate' US will fail

Iran says new sanctions threatened by 'desperate' US will fail

By Elwely Elwelly and Menna AlaaElDin DUBAI, Aug 23 (Reuters) - Iran's foreign minister dismissed the threat of new U.S. sanctions as a sign of desperation on Sunday and said the expected new measures would fail to defeat Tehran. U.S.
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Trump wants more economic pressure on Iran. What are his options?

Trump wants more economic pressure on Iran. What are his options?

By Andrea Shalal WASHINGTON, Aug 22 (Reuters) - U.S. President Donald Trump has vowed to hit Iran hard economically, after Treasury Secretary Scott Bessent said that Washington would impose measures on Tehran that have "never been seen" as soon as next week.
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Iran security chief threatens neighbors against economic measures, and other Mideast developments

Iran security chief threatens neighbors against economic measures, and other Mideast developments

The hard-line new leader of Iran’s top security body is threatening neighbors against joining new U.S. efforts to squeeze Tehran’s economy and saying the U.S. has increased global nuclear insecurity