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Oil hits one-week low as investors shrug off U.S. sanctions on Iran

The Globe and Mail · August 25, 2026 at 5:06 a.m.

Oil hits one-week low as investors shrug off U.S. sanctions on Iran

Oil prices fell over 3 per cent to a one-week low on Tuesday as traders shrugged off the latest U.S. sanctions ‌campaign against Iran, viewing economic pressure as posing less risk to oil supplies than a military escalation.

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Oil hits one-week low as investors shrug off U.S. sanctions on Iran

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