West Texas Intermediate and Brent crude’s contracts for October delivery both declined by about 3%.
Similar stories
6 outlets
See how this story developed, hour by hour
The Morning Risk Report: Bessent Launches ‘Operation Economic Outcast’ to Isolate and Squeeze Iran
wsj.com
25.08.2026
Scott Bessent: US launches' Economic Isolation 'operation against Iran
apa.az
24.08.2026
Scott Bessent threatens wider US sanctions on Iran’s economic partners
ft.com
24.08.2026
Gas Price Watch: Bessent To Detail 'Economic D-Day' On Iran
investors.com
24.08.2026
Oil trades lower even as Bessent promises ‘economic D-Day’ announcement on Iran
marketwatch.com
24.08.2026
Treasury Secretary Scott Bessent to unveil new economic sanctions on Iran
npr.org
24.08.2026
Related stories
Salesforce’s stock surges as AI momentum fuels revenue growth
I just had my first baby and don’t want to go back to work. Is quitting for a year a bad idea?
OpenAI says it took a week to detect its AI models had hacked Hugging Face
Why is Russia deliberately weakening its currency?
NVIDIA Corporation (NVDA) & Blackstone (BX): Nvidia Wants Wall Street to Lend Against AI Chips Like They’re Mortgages
Insight Enterprises Executive Sells 4,000 Shares for $619,320