Oil Prices Fall Ahead of U.S. Vow to Intensify Economic War Against Iran

NYT Business Monday 24 August 2026, 10:15 UTC By The New York Times 1 min read

Key Points

Treasury Secretary Scott Bessent is expected to announce an escalation of sanctions aimed at further isolating Iranian trade.

Iran (LOCATION) Treasury (ORG) Scott Bessent (PERSON) Iranian (ORG)

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Oil Prices Fall Ahead of U.S. Vow to Intensify Economic War Against Iran

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