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24 Aug 2026 · 04:30 GMT+3

WTI slips below $85.00 as traders take profits before new US sanctions on Iran

West Texas Intermediate (WTI) oil price depreciates after two days of gains, trading around $84.80 per barrel during the Asian hours on Monday. Crude oil prices decline as investors took profits ahead of an expected US announcement regarding stricter sanctions against Iran.

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