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Crude oil prices head for second weekly gain as US steps up economic pressure on Iran

Mint Markets · Finance · 2026-08-21

Crude oil prices head for second weekly gain as US steps up economic pressure on Iran

Crude oil prices are set for a second weekly gain, driven by US sanctions on Iran aimed at economic isolation. Brent crude prices surpassed $94.71 per barrel, marking their highest in a month, as traders await details on this initiative amid escalating conflict in the Middle East. Crude oil prices head for second weekly gain as US steps up economic pressure on Iran

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