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The Economic Times
The Economic Times
Business
Veer Sharma

Oil Price Today (August 25): Crude oil at $92 as investors digest US economic sanctions on Iran. What’s next for investors?

Oil prices gained marginally on Tuesday after falling more than 2% in the previous session, as investors weighed the impact of tougher U.S. secondary sanctions on Iran.

Brent crude futures were up 6 cents, or 0.1%, at $92.16 a barrel, while U.S. West Texas Intermediate crude was up 15 cents at $85.12. Both contracts fell more than 2% on Monday, with U.S. crude touching a one-week low as investors took profits following a rally over the previous two weeks.

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