Trump imposes new sanctions on Iran. Oil prices rise
Oil prices on the New York Stock Exchange are rising following the imposition of new US sanctions on Iranian crude oil, brokers report.
A barrel of West Texas Intermediate crude for IV delivery is trading at USD 71.07 on the NYMEX in New York, up 0.52 percent.
Brent on ICE on IV is trading at USD 75.10 per barrel, up 0.43%.
The US administration of President Donald Trump has imposed a new round of sanctions on oil brokers, ships and individuals who the Americans say are involved in illegal shipments of Iranian crude oil.
The move was portrayed as a U.S. return to a “maximum pressure” strategy aimed at weakening Iran’s economy.
The latest U.S. sanctions target 13 vessels and 22 people, the U.S. State Department and Treasury Department said in statements Monday.
The agencies said they were targeting a network linked to the transportation of tens of millions of barrels of Iranian oil a day, and that entities covered by the latest U.S. sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
“Iran continues to rely on a shadowy network of ships, carriers and brokers to help sell its oil and finance its destabilizing policies,” U.S. Treasury Secretary Scott Bessent said in a statement.
“The United States will use all tools at its disposal to attack all aspects of the Iranian oil supply chain, and anyone trading in Iranian oil faces significant sanctions risk,” he added.
Analysts point out that the market is closely monitoring the new US sanctions against Iran.
“The market is closely monitoring the new US sanctions on Iran, the impact of which is not yet clear,” said Soni Kumari, commodities strategist at ANZ Support Services India Pvt Ltd.
“Still, there are countervailing factors, including supply issues, which are limiting any stronger growth in oil prices,” she added.
(PAP Business)
aj/ ace/
Oil prices on the New York Stock Exchange are rising following the imposition of new US sanctions on Iranian crude oil, brokers report.
A barrel of West Texas Intermediate crude for IV delivery is trading at USD 71.07 on the NYMEX in New York, up 0.52 percent.
Brent on ICE on IV is trading at USD 75.10 per barrel, up 0.43%.
The US administration of President Donald Trump has imposed a new round of sanctions on oil brokers, ships and individuals who the Americans say are involved in illegal shipments of Iranian crude oil.
The move was portrayed as a U.S. return to a “maximum pressure” strategy aimed at weakening Iran’s economy.
The latest U.S. sanctions target 13 vessels and 22 people, the U.S. State Department and Treasury Department said in statements Monday.
The agencies said they were targeting a network linked to the transportation of tens of millions of barrels of Iranian oil a day, and that entities covered by the latest U.S. sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
“Iran continues to rely on a shadowy network of ships, carriers and brokers to help sell its oil and finance its destabilizing policies,” U.S. Treasury Secretary Scott Bessent said in a statement.
“The United States will use all tools at its disposal to attack all aspects of the Iranian oil supply chain, and anyone trading in Iranian oil faces significant sanctions risk,” he added.
Analysts point out that the market is closely monitoring the new US sanctions against Iran.
“The market is closely monitoring the new US sanctions on Iran, the impact of which is not yet clear,” said Soni Kumari, commodities strategist at ANZ Support Services India Pvt Ltd.
“Still, there are countervailing factors, including supply issues, which are limiting any stronger growth in oil prices,” she added.
(PAP Business)
aj/ ace/
Oil prices on the New York Stock Exchange are rising following the imposition of new US sanctions on Iranian crude oil, brokers report.
A barrel of West Texas Intermediate crude for IV delivery is trading at USD 71.07 on the NYMEX in New York, up 0.52 percent.
Brent on ICE on IV is trading at USD 75.10 per barrel, up 0.43%.
The US administration of President Donald Trump has imposed a new round of sanctions on oil brokers, ships and individuals who the Americans say are involved in illegal shipments of Iranian crude oil.
The move was portrayed as a U.S. return to a “maximum pressure” strategy aimed at weakening Iran’s economy.
The latest U.S. sanctions target 13 vessels and 22 people, the U.S. State Department and Treasury Department said in statements Monday.
The agencies said they were targeting a network linked to the transportation of tens of millions of barrels of Iranian oil a day, and that entities covered by the latest U.S. sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
“Iran continues to rely on a shadowy network of ships, carriers and brokers to help sell its oil and finance its destabilizing policies,” U.S. Treasury Secretary Scott Bessent said in a statement.
“The United States will use all tools at its disposal to attack all aspects of the Iranian oil supply chain, and anyone trading in Iranian oil faces significant sanctions risk,” he added.
Analysts point out that the market is closely monitoring the new US sanctions against Iran.
“The market is closely monitoring the new US sanctions on Iran, the impact of which is not yet clear,” said Soni Kumari, commodities strategist at ANZ Support Services India Pvt Ltd.
“Still, there are countervailing factors, including supply issues, which are limiting any stronger growth in oil prices,” she added.
(PAP Business)
aj/ ace/
Oil prices on the New York Stock Exchange are rising following the imposition of new US sanctions on Iranian crude oil, brokers report.
A barrel of West Texas Intermediate crude for IV delivery is trading at USD 71.07 on the NYMEX in New York, up 0.52 percent.
Brent on ICE on IV is trading at USD 75.10 per barrel, up 0.43%.
The US administration of President Donald Trump has imposed a new round of sanctions on oil brokers, ships and individuals who the Americans say are involved in illegal shipments of Iranian crude oil.
The move was portrayed as a U.S. return to a “maximum pressure” strategy aimed at weakening Iran’s economy.
The latest U.S. sanctions target 13 vessels and 22 people, the U.S. State Department and Treasury Department said in statements Monday.
The agencies said they were targeting a network linked to the transportation of tens of millions of barrels of Iranian oil a day, and that entities covered by the latest U.S. sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
“Iran continues to rely on a shadowy network of ships, carriers and brokers to help sell its oil and finance its destabilizing policies,” U.S. Treasury Secretary Scott Bessent said in a statement.
“The United States will use all tools at its disposal to attack all aspects of the Iranian oil supply chain, and anyone trading in Iranian oil faces significant sanctions risk,” he added.
Analysts point out that the market is closely monitoring the new US sanctions against Iran.
“The market is closely monitoring the new US sanctions on Iran, the impact of which is not yet clear,” said Soni Kumari, commodities strategist at ANZ Support Services India Pvt Ltd.
“Still, there are countervailing factors, including supply issues, which are limiting any stronger growth in oil prices,” she added.
(PAP Business)
aj/ ace/
Oil prices on the New York Stock Exchange are rising following the imposition of new US sanctions on Iranian crude oil, brokers report.
A barrel of West Texas Intermediate crude for IV delivery is trading at USD 71.07 on the NYMEX in New York, up 0.52 percent.
Brent on ICE on IV is trading at USD 75.10 per barrel, up 0.43%.
The US administration of President Donald Trump has imposed a new round of sanctions on oil brokers, ships and individuals who the Americans say are involved in illegal shipments of Iranian crude oil.
The move was portrayed as a U.S. return to a “maximum pressure” strategy aimed at weakening Iran’s economy.
The latest U.S. sanctions target 13 vessels and 22 people, the U.S. State Department and Treasury Department said in statements Monday.
The agencies said they were targeting a network linked to the transportation of tens of millions of barrels of Iranian oil a day, and that entities covered by the latest U.S. sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
“Iran continues to rely on a shadowy network of ships, carriers and brokers to help sell its oil and finance its destabilizing policies,” U.S. Treasury Secretary Scott Bessent said in a statement.
“The United States will use all tools at its disposal to attack all aspects of the Iranian oil supply chain, and anyone trading in Iranian oil faces significant sanctions risk,” he added.
Analysts point out that the market is closely monitoring the new US sanctions against Iran.
“The market is closely monitoring the new US sanctions on Iran, the impact of which is not yet clear,” said Soni Kumari, commodities strategist at ANZ Support Services India Pvt Ltd.
“Still, there are countervailing factors, including supply issues, which are limiting any stronger growth in oil prices,” she added.
(PAP Business)
aj/ ace/
Oil prices on the New York Stock Exchange are rising following the imposition of new US sanctions on Iranian crude oil, brokers report.
A barrel of West Texas Intermediate crude for IV delivery is trading at USD 71.07 on the NYMEX in New York, up 0.52 percent.
Brent on ICE on IV is trading at USD 75.10 per barrel, up 0.43%.
The US administration of President Donald Trump has imposed a new round of sanctions on oil brokers, ships and individuals who the Americans say are involved in illegal shipments of Iranian crude oil.
The move was portrayed as a U.S. return to a “maximum pressure” strategy aimed at weakening Iran’s economy.
The latest U.S. sanctions target 13 vessels and 22 people, the U.S. State Department and Treasury Department said in statements Monday.
The agencies said they were targeting a network linked to the transportation of tens of millions of barrels of Iranian oil a day, and that entities covered by the latest U.S. sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
“Iran continues to rely on a shadowy network of ships, carriers and brokers to help sell its oil and finance its destabilizing policies,” U.S. Treasury Secretary Scott Bessent said in a statement.
“The United States will use all tools at its disposal to attack all aspects of the Iranian oil supply chain, and anyone trading in Iranian oil faces significant sanctions risk,” he added.
Analysts point out that the market is closely monitoring the new US sanctions against Iran.
“The market is closely monitoring the new US sanctions on Iran, the impact of which is not yet clear,” said Soni Kumari, commodities strategist at ANZ Support Services India Pvt Ltd.
“Still, there are countervailing factors, including supply issues, which are limiting any stronger growth in oil prices,” she added.
(PAP Business)
aj/ ace/
Oil prices on the New York Stock Exchange are rising following the imposition of new US sanctions on Iranian crude oil, brokers report.
A barrel of West Texas Intermediate crude for IV delivery is trading at USD 71.07 on the NYMEX in New York, up 0.52 percent.
Brent on ICE on IV is trading at USD 75.10 per barrel, up 0.43%.
The US administration of President Donald Trump has imposed a new round of sanctions on oil brokers, ships and individuals who the Americans say are involved in illegal shipments of Iranian crude oil.
The move was portrayed as a U.S. return to a “maximum pressure” strategy aimed at weakening Iran’s economy.
The latest U.S. sanctions target 13 vessels and 22 people, the U.S. State Department and Treasury Department said in statements Monday.
The agencies said they were targeting a network linked to the transportation of tens of millions of barrels of Iranian oil a day, and that entities covered by the latest U.S. sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
“Iran continues to rely on a shadowy network of ships, carriers and brokers to help sell its oil and finance its destabilizing policies,” U.S. Treasury Secretary Scott Bessent said in a statement.
“The United States will use all tools at its disposal to attack all aspects of the Iranian oil supply chain, and anyone trading in Iranian oil faces significant sanctions risk,” he added.
Analysts point out that the market is closely monitoring the new US sanctions against Iran.
“The market is closely monitoring the new US sanctions on Iran, the impact of which is not yet clear,” said Soni Kumari, commodities strategist at ANZ Support Services India Pvt Ltd.
“Still, there are countervailing factors, including supply issues, which are limiting any stronger growth in oil prices,” she added.
(PAP Business)
aj/ ace/
Oil prices on the New York Stock Exchange are rising following the imposition of new US sanctions on Iranian crude oil, brokers report.
A barrel of West Texas Intermediate crude for IV delivery is trading at USD 71.07 on the NYMEX in New York, up 0.52 percent.
Brent on ICE on IV is trading at USD 75.10 per barrel, up 0.43%.
The US administration of President Donald Trump has imposed a new round of sanctions on oil brokers, ships and individuals who the Americans say are involved in illegal shipments of Iranian crude oil.
The move was portrayed as a U.S. return to a “maximum pressure” strategy aimed at weakening Iran’s economy.
The latest U.S. sanctions target 13 vessels and 22 people, the U.S. State Department and Treasury Department said in statements Monday.
The agencies said they were targeting a network linked to the transportation of tens of millions of barrels of Iranian oil a day, and that entities covered by the latest U.S. sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
“Iran continues to rely on a shadowy network of ships, carriers and brokers to help sell its oil and finance its destabilizing policies,” U.S. Treasury Secretary Scott Bessent said in a statement.
“The United States will use all tools at its disposal to attack all aspects of the Iranian oil supply chain, and anyone trading in Iranian oil faces significant sanctions risk,” he added.
Analysts point out that the market is closely monitoring the new US sanctions against Iran.
“The market is closely monitoring the new US sanctions on Iran, the impact of which is not yet clear,” said Soni Kumari, commodities strategist at ANZ Support Services India Pvt Ltd.
“Still, there are countervailing factors, including supply issues, which are limiting any stronger growth in oil prices,” she added.
(PAP Business)
aj/ ace/
Oil prices on the New York Stock Exchange are rising following the imposition of new US sanctions on Iranian crude oil, brokers report.
A barrel of West Texas Intermediate crude for IV delivery is trading at USD 71.07 on the NYMEX in New York, up 0.52 percent.
Brent on ICE on IV is trading at USD 75.10 per barrel, up 0.43%.
The US administration of President Donald Trump has imposed a new round of sanctions on oil brokers, ships and individuals who the Americans say are involved in illegal shipments of Iranian crude oil.
The move was portrayed as a U.S. return to a “maximum pressure” strategy aimed at weakening Iran’s economy.
The latest U.S. sanctions target 13 vessels and 22 people, the U.S. State Department and Treasury Department said in statements Monday.
The agencies said they were targeting a network linked to the transportation of tens of millions of barrels of Iranian oil a day, and that entities covered by the latest U.S. sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
“Iran continues to rely on a shadowy network of ships, carriers and brokers to help sell its oil and finance its destabilizing policies,” U.S. Treasury Secretary Scott Bessent said in a statement.
“The United States will use all tools at its disposal to attack all aspects of the Iranian oil supply chain, and anyone trading in Iranian oil faces significant sanctions risk,” he added.
Analysts point out that the market is closely monitoring the new US sanctions against Iran.
“The market is closely monitoring the new US sanctions on Iran, the impact of which is not yet clear,” said Soni Kumari, commodities strategist at ANZ Support Services India Pvt Ltd.
“Still, there are countervailing factors, including supply issues, which are limiting any stronger growth in oil prices,” she added.
(PAP Business)
aj/ ace/
Oil prices on the New York Stock Exchange are rising following the imposition of new US sanctions on Iranian crude oil, brokers report.
A barrel of West Texas Intermediate crude for IV delivery is trading at USD 71.07 on the NYMEX in New York, up 0.52 percent.
Brent on ICE on IV is trading at USD 75.10 per barrel, up 0.43%.
The US administration of President Donald Trump has imposed a new round of sanctions on oil brokers, ships and individuals who the Americans say are involved in illegal shipments of Iranian crude oil.
The move was portrayed as a U.S. return to a “maximum pressure” strategy aimed at weakening Iran’s economy.
The latest U.S. sanctions target 13 vessels and 22 people, the U.S. State Department and Treasury Department said in statements Monday.
The agencies said they were targeting a network linked to the transportation of tens of millions of barrels of Iranian oil a day, and that entities covered by the latest U.S. sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
“Iran continues to rely on a shadowy network of ships, carriers and brokers to help sell its oil and finance its destabilizing policies,” U.S. Treasury Secretary Scott Bessent said in a statement.
“The United States will use all tools at its disposal to attack all aspects of the Iranian oil supply chain, and anyone trading in Iranian oil faces significant sanctions risk,” he added.
Analysts point out that the market is closely monitoring the new US sanctions against Iran.
“The market is closely monitoring the new US sanctions on Iran, the impact of which is not yet clear,” said Soni Kumari, commodities strategist at ANZ Support Services India Pvt Ltd.
“Still, there are countervailing factors, including supply issues, which are limiting any stronger growth in oil prices,” she added.
(PAP Business)
aj/ ace/
Oil prices on the New York Stock Exchange are rising following the imposition of new US sanctions on Iranian crude oil, brokers report.
A barrel of West Texas Intermediate crude for IV delivery is trading at USD 71.07 on the NYMEX in New York, up 0.52 percent.
Brent on ICE on IV is trading at USD 75.10 per barrel, up 0.43%.
The US administration of President Donald Trump has imposed a new round of sanctions on oil brokers, ships and individuals who the Americans say are involved in illegal shipments of Iranian crude oil.
The move was portrayed as a U.S. return to a “maximum pressure” strategy aimed at weakening Iran’s economy.
The latest U.S. sanctions target 13 vessels and 22 people, the U.S. State Department and Treasury Department said in statements Monday.
The agencies said they were targeting a network linked to the transportation of tens of millions of barrels of Iranian oil a day, and that entities covered by the latest U.S. sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
“Iran continues to rely on a shadowy network of ships, carriers and brokers to help sell its oil and finance its destabilizing policies,” U.S. Treasury Secretary Scott Bessent said in a statement.
“The United States will use all tools at its disposal to attack all aspects of the Iranian oil supply chain, and anyone trading in Iranian oil faces significant sanctions risk,” he added.
Analysts point out that the market is closely monitoring the new US sanctions against Iran.
“The market is closely monitoring the new US sanctions on Iran, the impact of which is not yet clear,” said Soni Kumari, commodities strategist at ANZ Support Services India Pvt Ltd.
“Still, there are countervailing factors, including supply issues, which are limiting any stronger growth in oil prices,” she added.
(PAP Business)
aj/ ace/
Oil prices on the New York Stock Exchange are rising following the imposition of new US sanctions on Iranian crude oil, brokers report.
A barrel of West Texas Intermediate crude for IV delivery is trading at USD 71.07 on the NYMEX in New York, up 0.52 percent.
Brent on ICE on IV is trading at USD 75.10 per barrel, up 0.43%.
The US administration of President Donald Trump has imposed a new round of sanctions on oil brokers, ships and individuals who the Americans say are involved in illegal shipments of Iranian crude oil.
The move was portrayed as a U.S. return to a “maximum pressure” strategy aimed at weakening Iran’s economy.
The latest U.S. sanctions target 13 vessels and 22 people, the U.S. State Department and Treasury Department said in statements Monday.
The agencies said they were targeting a network linked to the transportation of tens of millions of barrels of Iranian oil a day, and that entities covered by the latest U.S. sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
“Iran continues to rely on a shadowy network of ships, carriers and brokers to help sell its oil and finance its destabilizing policies,” U.S. Treasury Secretary Scott Bessent said in a statement.
“The United States will use all tools at its disposal to attack all aspects of the Iranian oil supply chain, and anyone trading in Iranian oil faces significant sanctions risk,” he added.
Analysts point out that the market is closely monitoring the new US sanctions against Iran.
“The market is closely monitoring the new US sanctions on Iran, the impact of which is not yet clear,” said Soni Kumari, commodities strategist at ANZ Support Services India Pvt Ltd.
“Still, there are countervailing factors, including supply issues, which are limiting any stronger growth in oil prices,” she added.
(PAP Business)
aj/ ace/
Oil prices on the New York Stock Exchange are rising following the imposition of new US sanctions on Iranian crude oil, brokers report.
A barrel of West Texas Intermediate crude for IV delivery is trading at USD 71.07 on the NYMEX in New York, up 0.52 percent.
Brent on ICE on IV is trading at USD 75.10 per barrel, up 0.43%.
The US administration of President Donald Trump has imposed a new round of sanctions on oil brokers, ships and individuals who the Americans say are involved in illegal shipments of Iranian crude oil.
The move was portrayed as a U.S. return to a “maximum pressure” strategy aimed at weakening Iran’s economy.
The latest U.S. sanctions target 13 vessels and 22 people, the U.S. State Department and Treasury Department said in statements Monday.
The agencies said they were targeting a network linked to the transportation of tens of millions of barrels of Iranian oil a day, and that entities covered by the latest U.S. sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
“Iran continues to rely on a shadowy network of ships, carriers and brokers to help sell its oil and finance its destabilizing policies,” U.S. Treasury Secretary Scott Bessent said in a statement.
“The United States will use all tools at its disposal to attack all aspects of the Iranian oil supply chain, and anyone trading in Iranian oil faces significant sanctions risk,” he added.
Analysts point out that the market is closely monitoring the new US sanctions against Iran.
“The market is closely monitoring the new US sanctions on Iran, the impact of which is not yet clear,” said Soni Kumari, commodities strategist at ANZ Support Services India Pvt Ltd.
“Still, there are countervailing factors, including supply issues, which are limiting any stronger growth in oil prices,” she added.
(PAP Business)
aj/ ace/
Oil prices on the New York Stock Exchange are rising following the imposition of new US sanctions on Iranian crude oil, brokers report.
A barrel of West Texas Intermediate crude for IV delivery is trading at USD 71.07 on the NYMEX in New York, up 0.52 percent.
Brent on ICE on IV is trading at USD 75.10 per barrel, up 0.43%.
The US administration of President Donald Trump has imposed a new round of sanctions on oil brokers, ships and individuals who the Americans say are involved in illegal shipments of Iranian crude oil.
The move was portrayed as a U.S. return to a “maximum pressure” strategy aimed at weakening Iran’s economy.
The latest U.S. sanctions target 13 vessels and 22 people, the U.S. State Department and Treasury Department said in statements Monday.
The agencies said they were targeting a network linked to the transportation of tens of millions of barrels of Iranian oil a day, and that entities covered by the latest U.S. sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
“Iran continues to rely on a shadowy network of ships, carriers and brokers to help sell its oil and finance its destabilizing policies,” U.S. Treasury Secretary Scott Bessent said in a statement.
“The United States will use all tools at its disposal to attack all aspects of the Iranian oil supply chain, and anyone trading in Iranian oil faces significant sanctions risk,” he added.
Analysts point out that the market is closely monitoring the new US sanctions against Iran.
“The market is closely monitoring the new US sanctions on Iran, the impact of which is not yet clear,” said Soni Kumari, commodities strategist at ANZ Support Services India Pvt Ltd.
“Still, there are countervailing factors, including supply issues, which are limiting any stronger growth in oil prices,” she added.
(PAP Business)
aj/ ace/
Oil prices on the New York Stock Exchange are rising following the imposition of new US sanctions on Iranian crude oil, brokers report.
A barrel of West Texas Intermediate crude for IV delivery is trading at USD 71.07 on the NYMEX in New York, up 0.52 percent.
Brent on ICE on IV is trading at USD 75.10 per barrel, up 0.43%.
The US administration of President Donald Trump has imposed a new round of sanctions on oil brokers, ships and individuals who the Americans say are involved in illegal shipments of Iranian crude oil.
The move was portrayed as a U.S. return to a “maximum pressure” strategy aimed at weakening Iran’s economy.
The latest U.S. sanctions target 13 vessels and 22 people, the U.S. State Department and Treasury Department said in statements Monday.
The agencies said they were targeting a network linked to the transportation of tens of millions of barrels of Iranian oil a day, and that entities covered by the latest U.S. sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
“Iran continues to rely on a shadowy network of ships, carriers and brokers to help sell its oil and finance its destabilizing policies,” U.S. Treasury Secretary Scott Bessent said in a statement.
“The United States will use all tools at its disposal to attack all aspects of the Iranian oil supply chain, and anyone trading in Iranian oil faces significant sanctions risk,” he added.
Analysts point out that the market is closely monitoring the new US sanctions against Iran.
“The market is closely monitoring the new US sanctions on Iran, the impact of which is not yet clear,” said Soni Kumari, commodities strategist at ANZ Support Services India Pvt Ltd.
“Still, there are countervailing factors, including supply issues, which are limiting any stronger growth in oil prices,” she added.
(PAP Business)
aj/ ace/
Oil prices on the New York Stock Exchange are rising following the imposition of new US sanctions on Iranian crude oil, brokers report.
A barrel of West Texas Intermediate oil in delivery at IV costs at Nymex in New York 71.07 USD, higher by 0.52 percent
Brent on ICE on IV is valued at USD 75.10 for a barrel, after an increase of 0.43 percent.
The American administration of President Donald Trump imposed a new round of sanctions on oil brokers, ships and people who, according to the Americans, are related to the illegal supplies of Iranian oil.
This move was presented as the return of the USA to the strategy of "maximum pressure" aimed at weakening Iran's economy.
The latest US sanctions affect 13 ships and 22 people - the State Department and the Department of the Treasury reported on Monday declarations.
These departments reported that their goal is a network associated with the transport of tens of millions of barrels of Iranian oil a day, and entities covered by the latest American sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
"Iran still consists of a mysterious network of ships, carriers and brokers who make it easier for him to sell oil and finance its destabilizing policy," wrote the American treasury secretary Scott Bessent in a statement.
"The United States will use all available tools to attack all aspects of the Iranian oil supply chain, and everyone who trades Iranian oil is exposed to a significant risk of sanctions," he added.
Analysts indicate that the market is closely following new American sanctions against Iran.
"The market is closely following the US new sanctions against Iran, the effects of which are not clear at the moment," said Sonia Kumari, a strategist of the goods market at Anz Support Services India PVT Ltd.
"Still, there are factors +balancing +, including problems with supply, and these limit a stronger increase in oil prices," she added.
(PAP Business)
AJ/ ASA/
Oil prices on the New York Fuel Exchange go up after applying new American sanctions on Iranian oil - the brokers inform.
A barrel of West Texas Intermediate oil in delivery at IV costs at Nymex in New York 71.07 USD, higher by 0.52 percent
Brent on ICE on IV is valued at USD 75.10 for a barrel, after an increase of 0.43 percent.
The American administration of President Donald Trump imposed a new round of sanctions on oil brokers, ships and people who, according to the Americans, are related to the illegal supplies of Iranian oil.
This move was presented as the return of the USA to the strategy of "maximum pressure" aimed at weakening Iran's economy.
The latest US sanctions affect 13 ships and 22 people - the State Department and the Department of the Treasury reported on Monday declarations.
These departments reported that their goal is a network associated with the transport of tens of millions of barrels of Iranian oil a day, and entities covered by the latest American sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
"Iran still consists of a mysterious network of ships, carriers and brokers who make it easier for him to sell oil and finance its destabilizing policy," wrote the American treasury secretary Scott Bessent in a statement.
"The United States will use all available tools to attack all aspects of the Iranian oil supply chain, and everyone who trades Iranian oil is exposed to a significant risk of sanctions," he added.
Analysts indicate that the market is closely following new American sanctions against Iran.
"The market is closely following the US new sanctions against Iran, the effects of which are not clear at the moment," said Sonia Kumari, a strategist of the goods market at Anz Support Services India PVT Ltd.
"Still, there are factors +balancing +, including problems with supply, and these limit a stronger increase in oil prices," she added.
(PAP Business)
AJ/ ASA/
Oil prices on the New York Fuel Exchange go up after applying new American sanctions on Iranian oil - the brokers inform.
A barrel of West Texas Intermediate oil in delivery at IV costs at Nymex in New York 71.07 USD, higher by 0.52 percent
Brent on ICE on IV is valued at USD 75.10 for a barrel, after an increase of 0.43 percent.
The American administration of President Donald Trump imposed a new round of sanctions on oil brokers, ships and people who, according to the Americans, are related to the illegal supplies of Iranian oil.
This move was presented as the return of the USA to the strategy of "maximum pressure" aimed at weakening Iran's economy.
The latest US sanctions affect 13 ships and 22 people - the State Department and the Department of the Treasury reported on Monday declarations.
These departments reported that their goal is a network associated with the transport of tens of millions of barrels of Iranian oil a day, and entities covered by the latest American sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
"Iran still consists of a mysterious network of ships, carriers and brokers who make it easier for him to sell oil and finance its destabilizing policy," wrote the American treasury secretary Scott Bessent in a statement.
"The United States will use all available tools to attack all aspects of the Iranian oil supply chain, and everyone who trades Iranian oil is exposed to a significant risk of sanctions," he added.
Analysts indicate that the market is closely following new American sanctions against Iran.
"The market is closely following the US new sanctions against Iran, the effects of which are not clear at the moment," said Sonia Kumari, a strategist of the goods market at Anz Support Services India PVT Ltd.
"Still, there are factors +balancing +, including problems with supply, and these limit a stronger increase in oil prices," she added.
(PAP Business)
AJ/ ASA/
Oil prices on the New York Fuel Exchange go up after applying new American sanctions on Iranian oil - the brokers inform.
A barrel of West Texas Intermediate oil in delivery at IV costs at Nymex in New York 71.07 USD, higher by 0.52 percent
Brent on ICE on IV is valued at USD 75.10 for a barrel, after an increase of 0.43 percent.
The American administration of President Donald Trump imposed a new round of sanctions on oil brokers, ships and people who, according to the Americans, are related to the illegal supplies of Iranian oil.
This move was presented as the return of the USA to the strategy of "maximum pressure" aimed at weakening Iran's economy.
The latest US sanctions affect 13 ships and 22 people - the State Department and the Department of the Treasury reported on Monday declarations.
These departments reported that their goal is a network associated with the transport of tens of millions of barrels of Iranian oil a day, and entities covered by the latest American sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
"Iran still consists of a mysterious network of ships, carriers and brokers who make it easier for him to sell oil and finance its destabilizing policy," wrote the American treasury secretary Scott Bessent in a statement.
"The United States will use all available tools to attack all aspects of the Iranian oil supply chain, and everyone who trades Iranian oil is exposed to a significant risk of sanctions," he added.
Analysts indicate that the market is closely following new American sanctions against Iran.
"The market is closely following the US new sanctions against Iran, the effects of which are not clear at the moment," said Sonia Kumari, a strategist of the goods market at Anz Support Services India PVT Ltd.
"Still, there are factors +balancing +, including problems with supply, and these limit a stronger increase in oil prices," she added.
(PAP Business)
AJ/ ASA/
Oil prices on the New York Fuel Exchange go up after applying new American sanctions on Iranian oil - the brokers inform.
A barrel of West Texas Intermediate oil in delivery at IV costs at Nymex in New York 71.07 USD, higher by 0.52 percent
Brent on ICE on IV is valued at USD 75.10 for a barrel, after an increase of 0.43 percent.
The American administration of President Donald Trump imposed a new round of sanctions on oil brokers, ships and people who, according to the Americans, are related to the illegal supplies of Iranian oil.
This move was presented as the return of the USA to the strategy of "maximum pressure" aimed at weakening Iran's economy.
The latest US sanctions affect 13 ships and 22 people - the State Department and the Department of the Treasury reported on Monday declarations.
These departments reported that their goal is a network associated with the transport of tens of millions of barrels of Iranian oil a day, and entities covered by the latest American sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
"Iran still consists of a mysterious network of ships, carriers and brokers who make it easier for him to sell oil and finance its destabilizing policy," wrote the American treasury secretary Scott Bessent in a statement.
"The United States will use all available tools to attack all aspects of the Iranian oil supply chain, and everyone who trades Iranian oil is exposed to a significant risk of sanctions," he added.
Analysts indicate that the market is closely following new American sanctions against Iran.
"The market is closely following the US new sanctions against Iran, the effects of which are not clear at the moment," said Sonia Kumari, a strategist of the goods market at Anz Support Services India PVT Ltd.
"Still, there are factors +balancing +, including problems with supply, and these limit a stronger increase in oil prices," she added.
(PAP Business)
AJ/ ASA/
Oil prices on the New York Fuel Exchange go up after applying new American sanctions on Iranian oil - the brokers inform.
A barrel of West Texas Intermediate oil in delivery at IV costs at Nymex in New York 71.07 USD, higher by 0.52 percent
Brent on ICE on IV is valued at USD 75.10 for a barrel, after an increase of 0.43 percent.
The American administration of President Donald Trump imposed a new round of sanctions on oil brokers, ships and people who, according to the Americans, are related to the illegal supplies of Iranian oil.
This move was presented as the return of the USA to the strategy of "maximum pressure" aimed at weakening Iran's economy.
The latest US sanctions affect 13 ships and 22 people - the State Department and the Department of the Treasury reported on Monday declarations.
These departments reported that their goal is a network associated with the transport of tens of millions of barrels of Iranian oil a day, and entities covered by the latest American sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
"Iran still consists of a mysterious network of ships, carriers and brokers who make it easier for him to sell oil and finance its destabilizing policy," wrote the American treasury secretary Scott Bessent in a statement.
"The United States will use all available tools to attack all aspects of the Iranian oil supply chain, and everyone who trades Iranian oil is exposed to a significant risk of sanctions," he added.
Analysts indicate that the market is closely following new American sanctions against Iran.
"The market is closely following the US new sanctions against Iran, the effects of which are not clear at the moment," said Sonia Kumari, a strategist of the goods market at Anz Support Services India PVT Ltd.
"Still, there are factors +balancing +, including problems with supply, and these limit a stronger increase in oil prices," she added.
(PAP Business)
AJ/ ASA/
Oil prices on the New York Fuel Exchange go up after applying new American sanctions on Iranian oil - the brokers inform.
A barrel of West Texas Intermediate oil in delivery at IV costs at Nymex in New York 71.07 USD, higher by 0.52 percent
Brent on ICE on IV is valued at USD 75.10 for a barrel, after an increase of 0.43 percent.
The American administration of President Donald Trump imposed a new round of sanctions on oil brokers, ships and people who, according to the Americans, are related to the illegal supplies of Iranian oil.
This move was presented as the return of the USA to the strategy of "maximum pressure" aimed at weakening Iran's economy.
The latest US sanctions affect 13 ships and 22 people - the State Department and the Department of the Treasury reported on Monday declarations.
These departments reported that their goal is a network associated with the transport of tens of millions of barrels of Iranian oil a day, and entities covered by the latest American sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
"Iran still consists of a mysterious network of ships, carriers and brokers who make it easier for him to sell oil and finance its destabilizing policy," wrote the American treasury secretary Scott Bessent in a statement.
"The United States will use all available tools to attack all aspects of the Iranian oil supply chain, and everyone who trades Iranian oil is exposed to a significant risk of sanctions," he added.
Analysts indicate that the market is closely following new American sanctions against Iran.
"The market is closely following the US new sanctions against Iran, the effects of which are not clear at the moment," said Sonia Kumari, a strategist of the goods market at Anz Support Services India PVT Ltd.
"Still, there are factors +balancing +, including problems with supply, and these limit a stronger increase in oil prices," she added.
(PAP Business)
AJ/ ASA/
Oil prices on the New York Fuel Exchange go up after applying new American sanctions on Iranian oil - the brokers inform.
A barrel of West Texas Intermediate oil in delivery at IV costs at Nymex in New York 71.07 USD, higher by 0.52 percent
Brent on ICE on IV is valued at USD 75.10 for a barrel, after an increase of 0.43 percent.
The American administration of President Donald Trump imposed a new round of sanctions on oil brokers, ships and people who, according to the Americans, are related to the illegal supplies of Iranian oil.
This move was presented as the return of the USA to the strategy of "maximum pressure" aimed at weakening Iran's economy.
The latest US sanctions affect 13 ships and 22 people - the State Department and the Department of the Treasury reported on Monday declarations.
These departments reported that their goal is a network associated with the transport of tens of millions of barrels of Iranian oil a day, and entities covered by the latest American sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
"Iran still consists of a mysterious network of ships, carriers and brokers who make it easier for him to sell oil and finance its destabilizing policy," wrote the American treasury secretary Scott Bessent in a statement.
"The United States will use all available tools to attack all aspects of the Iranian oil supply chain, and everyone who trades Iranian oil is exposed to a significant risk of sanctions," he added.
Analysts indicate that the market is closely following new American sanctions against Iran.
"The market is closely following the US new sanctions against Iran, the effects of which are not clear at the moment," said Sonia Kumari, a strategist of the goods market at Anz Support Services India PVT Ltd.
"Still, there are factors +balancing +, including problems with supply, and these limit a stronger increase in oil prices," she added.
(PAP Business)
AJ/ ASA/
Oil prices on the New York Fuel Exchange go up after applying new American sanctions on Iranian oil - the brokers inform.
A barrel of West Texas Intermediate oil in delivery at IV costs at Nymex in New York 71.07 USD, higher by 0.52 percent
Brent on ICE on IV is valued at USD 75.10 for a barrel, after an increase of 0.43 percent.
The American administration of President Donald Trump imposed a new round of sanctions on oil brokers, ships and people who, according to the Americans, are related to the illegal supplies of Iranian oil.
This move was presented as the return of the USA to the strategy of "maximum pressure" aimed at weakening Iran's economy.
The latest US sanctions affect 13 ships and 22 people - the State Department and the Department of the Treasury reported on Monday declarations.
These departments reported that their goal is a network associated with the transport of tens of millions of barrels of Iranian oil a day, and entities covered by the latest American sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
"Iran still consists of a mysterious network of ships, carriers and brokers who make it easier for him to sell oil and finance its destabilizing policy," wrote the American treasury secretary Scott Bessent in a statement.
"The United States will use all available tools to attack all aspects of the Iranian oil supply chain, and everyone who trades Iranian oil is exposed to a significant risk of sanctions," he added.
Analysts indicate that the market is closely following new American sanctions against Iran.
"The market is closely following the US new sanctions against Iran, the effects of which are not clear at the moment," said Sonia Kumari, a strategist of the goods market at Anz Support Services India PVT Ltd.
"Still, there are factors +balancing +, including problems with supply, and these limit a stronger increase in oil prices," she added.
(PAP Business)
AJ/ ASA/
Oil prices on the New York Fuel Exchange go up after applying new American sanctions on Iranian oil - the brokers inform.
A barrel of West Texas Intermediate oil in delivery at IV costs at Nymex in New York 71.07 USD, higher by 0.52 percent
Brent on ICE on IV is valued at USD 75.10 for a barrel, after an increase of 0.43 percent.
The American administration of President Donald Trump imposed a new round of sanctions on oil brokers, ships and people who, according to the Americans, are related to the illegal supplies of Iranian oil.
This move was presented as the return of the USA to the strategy of "maximum pressure" aimed at weakening Iran's economy.
The latest US sanctions affect 13 ships and 22 people - the State Department and the Department of the Treasury reported on Monday declarations.
These departments reported that their goal is a network associated with the transport of tens of millions of barrels of Iranian oil a day, and entities covered by the latest American sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
"Iran still consists of a mysterious network of ships, carriers and brokers who make it easier for him to sell oil and finance its destabilizing policy," wrote the American treasury secretary Scott Bessent in a statement.
"The United States will use all available tools to attack all aspects of the Iranian oil supply chain, and everyone who trades Iranian oil is exposed to a significant risk of sanctions," he added.
Analysts indicate that the market is closely following new American sanctions against Iran.
"The market is closely following the US new sanctions against Iran, the effects of which are not clear at the moment," said Sonia Kumari, a strategist of the goods market at Anz Support Services India PVT Ltd.
"Still, there are factors +balancing +, including problems with supply, and these limit a stronger increase in oil prices," she added.
(PAP Business)
AJ/ ASA/
Oil prices on the New York Fuel Exchange go up after applying new American sanctions on Iranian oil - the brokers inform.
A barrel of West Texas Intermediate oil in delivery at IV costs at Nymex in New York 71.07 USD, higher by 0.52 percent
Brent on ICE on IV is valued at USD 75.10 for a barrel, after an increase of 0.43 percent.
The American administration of President Donald Trump imposed a new round of sanctions on oil brokers, ships and people who, according to the Americans, are related to the illegal supplies of Iranian oil.
This move was presented as the return of the USA to the strategy of "maximum pressure" aimed at weakening Iran's economy.
The latest US sanctions affect 13 ships and 22 people - the State Department and the Department of the Treasury reported on Monday declarations.
These departments reported that their goal is a network associated with the transport of tens of millions of barrels of Iranian oil a day, and entities covered by the latest American sanctions operate in Iran, the United Arab Emirates, Hong Kong, India and China.
"Iran still consists of a mysterious network of ships, carriers and brokers who make it easier for him to sell oil and finance its destabilizing policy," wrote the American treasury secretary Scott Bessent in a statement.
"The United States will use all available tools to attack all aspects of the Iranian oil supply chain, and everyone who trades Iranian oil is exposed to a significant risk of sanctions," he added.
Analysts indicate that the market is closely following new American sanctions against Iran.
"The market is closely following the US new sanctions against Iran, the effects of which are not clear at the moment," said Sonia Kumari, a strategist of the goods market at Anz Support Services India PVT Ltd.
"Still, there are factors +balancing +, including problems with supply, and these limit a stronger increase in oil prices," she added.
(PAP Business)
AJ/ ASA/
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