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Crude oil prices fall more than 1% ahead of US announcement on fresh sanctions on Iran. Where's it headed?

Monday, August 24, 2026 - 13:35
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Crude oil prices fall more than 1% ahead of US announcement on fresh sanctions on Iran. Where's it headed?
US-Iran war: Brent crude futures declined $1.22, or 1.29%, to $93.17 a barrel. Meanwhile, US West Texas Intermediate (WTI) crude dropped $1.20, or 1.38%, to $85.86 per barrel.

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