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Oil falls as US prepares to unveil new Iran sanctions

Oil falls as US prepares to unveil new Iran sanctions

By Florence Tan and Trixie Yap SINGAPORE, Aug 24 (Reuters) - Oil prices slipped more than $1 a barrel on Monday as investors took profits ahead of an expected announcement from Washington about imposing more sanctions on Iran that may further disrupt supplies from the Middle East.
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US Treasury to broaden scope of secondary sanctions on Iran, source says

US Treasury to broaden scope of secondary sanctions on Iran, source says

By David Lawder WASHINGTON, Aug 24 (Reuters) - The U.S.
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Iran vows to resist widened US sanctions, says Washington seeks talks

Iran vows to resist widened US sanctions, says Washington seeks talks

By Yasmine Ghania and David Lawder CAIRO/WASHINGTON, Aug 25 (Reuters) - Iran pledged to fight back against expanded U.S. sanctions aimed at isolating its economy, expressing confidence that major trading partners would resist the pressure campaign and saying that Washington was keen to revive talks.
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Oil drops more than $2 despite new US sanctions on Iran

Oil drops more than $2 despite new US sanctions on Iran

By Nicole Jao NEW YORK, Aug 24 (Reuters) - Oil prices slipped more than $2 a barrel on Monday as investors took profits after recent gains and shrugged off new U.S. sanctions on Iran. Brent crude futures settled down $2.22, or 2.35%, to $92.17, while U.S.
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Oil falls ahead of US announcement on new Iran sanctions

Oil falls ahead of US announcement on new Iran sanctions

By Florence Tan SINGAPORE, Aug 24 (Reuters) - Oil prices slipped more than $1 a barrel on Monday as investors took profits ahead of an expected announcement from Washington about imposing more sanctions on Iran that may further disrupt supplies from the Middle East.
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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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US announces expansion of sanctions in 'economic onslaught' on Iran

US announces expansion of sanctions in 'economic onslaught' on Iran

By David Lawder and Humeyra Pamuk WASHINGTON, Aug 24 (Reuters) - President Donald Trump's administration on Monday announced an expansion of secondary sanctions it can impose on entities and countries that maintain business ties with Iran around the world as Washington significantly ratchets up
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Iran's gas lines are growing, but there's no sign so far that its leaders will bow to US sanctions

Iran's gas lines are growing, but there's no sign so far that its leaders will bow to US sanctions

Long lines have formed outside gas stations in Iran's capital as people rush to fill their tanks amid fuel shortages, fears of higher prices and new U.S. sanctions
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Oil slips ahead of US announcement of new sanctions on Iran

Oil slips ahead of US announcement of new sanctions on Iran

By Nicole Jao NEW YORK, Aug 24 (Reuters) - Oil prices fell more than $2 a barrel on Monday as investors took profits after recent gains and awaited details of expected new U.S. sanctions on Iran, which could further disrupt supplies from the Middle East.
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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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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 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.