Oil prices fall for second day as US shifts from Iran strikes to sanctions

An economic D-Day with no D and no Day, and the market priced that in immediately.

Oil prices fell for a second straight day on Tuesday as traders saw a reduced risk of renewed US military strikes on Iran after Washington instead threatened broader economic sanctions. Treasury Secretary Scott Bessent declared an “economic D-Day” against Tehran but gave no timeline or details on countries that could face penalties.

Read it at France 24 ↗

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