https://www.live-feeds.com/feed/oil-prices-steady-as-investors-weigh-impact-of-expanded-us-sanctions-against-iranContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-prices-steady-as-investors-weigh-impact-of-expanded-us-sanctions-against-iranhttps://www.live-feeds.com/feed/oil-prices-steady-as-investors-weigh-impact-of-expanded-us-sanctions-against-iran#u51259Sat, 29 Aug 2026 03:50:26 +0000Oil prices have steadied as investors assess the impact of expanded US sanctions against Iran. Brent and US West Texas Intermediate crude both dropped over 2% on Monday, with US crude hitting a one-week low due to profit-taking. The market is monitoring the lack of clarity on the Strait of Hormuz deadlock and evaluating the effects of the US economic sanctions on Iran.Why it mattersThe oil market is sensitive to developments in Iran due to the country's significant oil reserves and the Strait of Hormuz's critical role in global oil shipments. US sanctions against Iran have been in pl https://www.live-feeds.com/feed/oil-prices-steady-as-investors-weigh-impact-of-expanded-us-sanctions-against-iranhttps://www.live-feeds.com/feed/oil-prices-steady-as-investors-weigh-impact-of-expanded-us-sanctions-against-iran#u48840Wed, 26 Aug 2026 06:35:18 +0000Oil prices steadied on Tuesday, August 25, after a sharp decline on Monday. Brent and US West Texas Intermediate both dropped more than 2 percent on August 24, with US crude hitting a one-week low due to profit-taking. Investors are now evaluating the impact of intensified US economic sanctions and a vowed economic war against Iran. While some traders shrugged off the sanctions threat despite persistent supply risks, others are monitoring the lack of clarity regarding the deadlock in the Strait of Hormuz.Why it mattersThe US is increasing economic pressure on Iran to curb its activities. Presi