US Oil Prices Fall on Pause in Iranian Oil Sanctions

U.S. oil prices dropped below $74 a barrel amid hopes that a 60-day pause on Iranian oil sanctions could lead to more Iranian crude entering the global market, easing supply concerns.

22 Jun, 14:34 — 22 Jun, 14:34

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marketwatchMostly Factual56d ago

U.S. oil prices fall below $74 a barrel on 60-day pause on Iranian oil sanctions

Oil prices fall on hopes that more Iranian crude will hit the global market as supplies near critically low levels.

By Isabel Wang

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US Oil Prices Fall on Pause in Iranian Oil Sanctions

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U.S. oil prices fall below $74 a barrel on 60-day pause on Iranian oil sanctions

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