July 23, 2026
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Tag : Iran oil sanctions

Business

Brent crude rises to $74.16 as oil prices climb

omandailynews.com
NEW YORK / RankWire.AI / – Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a barrel. U.S. West Texas Intermediate crude gained 2.76% to $70.44 a barrel. Brent added $2.17 for the session. WTI rose $1.89. Trading later extended gains after the United States revoked......
Business

US Treasury has penalized a prominent Turkish executive with Iran oil sanctions

omandailynews.com
A prominent Turkish businessman has been sanctioned by the Biden administration for violating U.S. restrictions on the sale of Iranian oil, the Associated Press reports. Several companies controlled by Sitki Ayan and his family and associates were penalized by the Treasury Department for facilitating the sale of hundreds of millions......