Oil is higher on a report that the White House has issued fresh Iran sanctions that target shipping of oil. Earlier this week, Trump re-issued a directive to put maximum pressure on Iran. It was "aimed at driving Iran's oil exports to zero".
Trump admin releases new sanctions on Iran
- Sanctions target shipping, oil and energy companies
Best in 2026
Sponsored
investingLive is a market news and analysis platform that lists and reviews forex brokers for informational use only. We do not provide investment advice or brokerage services. CFDs are complex, high-risk products and may not be suitable for all investors. investingLive is not responsible for any trading losses or decisions made based on content found on our site.
