New York, June 22, 2026 (AFP) - Oil falls as US waives Iranian sanctions and Nasdaq tumbles

NAMPA / AFP

2026-06-22

Crude prices fell Monday after the US said it is temporarily lifting sanctions on Iran to allow it to export oil, while the Nasdaq retreated on concerns after AI investments by SpaceX and other tech giants. US Vice President JD Vance said a "very good foundation" had been laid for negotiations towards a final deal with Iran, with mediators also claiming progress. Last week, Tehran and Washington signed a memorandum of understanding (MOU) laying......

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