Oil edges lower after finding support on fresh Iran sanctions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2025
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Source: MarketWatch
Oil Futures Movement: Oil futures experienced a slight decline early Tuesday following a recent increase due to new U.S. sanctions on Iran's crude exports.
Impact of Sanctions: The U.S. Treasury and State Department announced sanctions targeting over 30 individuals and vessels involved in the sale and transportation of Iranian petroleum products, contributing to modest gains in oil prices on Monday.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
