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Oil Prices Fall to One-Week Low After U.S. Iran Sanctions Set No Clear Timeline

By Trader Edge at 2026-09-24 17:56

Sentiment: Negative

TLDR Brent crude fell nearly 2% to around $90 a barrel; WTI dropped to a one-week low near $83 The U.S. announced sanctions on 60 Iran-linked entities but set no timeline for penalties Traders viewed the sanctions as less aggressive than feared, reducing the oil risk premium Shipping through the Strait of Hormuz remains severely [...] The post Oil Prices Fall to One-Week Low After U.S. Iran Sanctions Set No Clear Timeline appeared first on CoinCentral. Continue reading...

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