AGBI

US plans tougher Iran sanctions as more UAE tankers attacked

Oil prices slipped further on Friday morning as the US planned to impose an “indefinite” naval blockade and launch new economic sanctions against Iran by next week. Brent futures declined 0.5 percent to $86.68 a barrel by 02:30 GMT, while US West Texas Intermediate crude futures slipped 0.5 percent to $80.90 a barrel. Both benchmarks […]

By AGBI

1 min read

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