Iran Criticizes US Sanctions, Oil Prices Stay at $94.39 per Barrel

Iran condemned the U.S.' plans for new economic sanctions, which U.S. Treasury Secretary Scott Bessent stated will create significant economic isolation against Iran. Bessent emphasized that this strategy aims to reduce the need for military operations. Oil prices remained stable, with Brent crude futures closing at $94.39 per barrel and U.S. West Texas Intermediate futures rising to $87.00. The ongoing situation could impact oil supply and prices, affecting markets and investors with interests in petroleum sectors.