Oil prices steady after sharp sell-off as Iran sanctions take focus

PSX Update • Aug 25, 2026

Oil prices steadied on Tuesday after falling more than 2% in the previous session, as investors weighed the potential impact of tougher U.S. secondary sanctions aimed at increasing economic pressure on Iran.

August 25, 2026 (MLN): Oil prices steadied on Tuesday after falling more than 2% in the previous session, as investors weighed the potential impact of tougher U.S. secondary sanctions aimed at increasing economic pressure on Iran. Currently, Brent crude futures is down, 1.64%, at $92.84 per barrel, according to data by Mettis Global. West Texas Intermediate (WTI) crude futures is down by $0.27, or 0.32%, to $85.09 p...