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Oil prices fall 3% as US shifts toIran sanctions; brent, WTI drop amid Hormuz risks

Oil prices fell 3% as the US shifted to Iran sanctions. Brent and WTI dropped as markets watched Iran oil exports and risks around the Strait of Hormuz.

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Hindustan Times25 Aug 2026, 04:27 pmUpdated 6h ago1 min readWorldWorld

World — Hindustan Times

Oil prices fall 3% as US shifts to Iran sanctions; brent, WTI drop amid Hormuz risks

Oil prices fell 3% as the US shifted to Iran sanctions. Brent and WTI dropped as markets watched Iran oil exports and risks around the Strait of Hormuz.

This report is published with credit to Hindustan Times. The wire sent a summary; open the original for any extra context. Read on Hindustan Times →

Source: Hindustan Times. Published 25 Aug 2026, 04:27 pm.

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