Oil prices fall ahead of expected US announcement on new Iran sanctions
Brent crude futures fell $1.22, or 1.29%, to $93.17 by 0035 GMT, while US West Texas Intermediate crude was at $85.86 a barrel, down $1.20, or 1.38%
US 'economic D-Day' against Iran
- ‘Entering endgame’: US turns to ‘economic D-Day’ against Iran; Tehran raises Gulf oil blockade threat Times Of India —
- Strait of Hormuz traffic plunges as Iran, US blockades restrict energy shipments The Jerusalem Post —
- Omani foreign minister to visit Tehran, continue negotiations on Strait of Hormuz The Jerusalem Post —
- Iran's rial currency hits new record low as US prepares to announce more sanctions ABC News —
- Iran mocks US threat of ‘economic D-day’, says it’s an admission of defeat The Straits Times —