Hong Kong, Aug 24, 2026 (AFP) - Oil falls as Trump pledges economic war on Iran

NAMPA / AFP

2026-08-24

Oil prices fell on Monday as investors braced for details of a US plan to isolate the Iranian economy that President Donald Trump billed as the "most crushing" financial operation ever against Tehran. Eyes are on Treasury boss Scott Bessent, who said he would give more details in a news conference on the fresh push to pile economic pressure on the Islamic republic, which comes as the unpopular war drags towards the six-month mark. The United Stat......

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