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Oil falls as U.S. prepares to unveil new Iran sanctions

The Globe and Mail · August 24, 2026 at 5:13 a.m.

Oil falls as U.S. prepares to unveil new Iran sanctions

Oil prices slipped more than US$1 a barrel on Monday as investors took profits after recent gains and ‌awaited details of expected new U.S. sanctions on Iran, which could further disrupt supplies from the Middle East.

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Oil falls as U.S. prepares to unveil new Iran sanctions

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