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2026-08-25T03:12:14.000Z

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Oil stays steady before Iran sanctions

Oil stays steady before Iran sanctions

Oil prices have remained stable so far, as markets await the possible announcement of new American sanctions on Iran. Markets are also awaiting the global reaction to these developments, as sanctions could impact oil supplies and prices, especially since Iran is one of the major suppliers in the market. The U.S. government is expected to announce the new measures soon, which is increasing investor caution and influencing prices.

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