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Oil Price Today (August 25): Crude oil at $92 as investors digest US economic sanctions on Iran. What’s next for investors?

Brent crude futures were up 6 cents, or 0.1%, at $92.16 a barrel, while U.S. West Texas Intermediate crude was up 15 cents at $85.12. Both contracts fell more than 2% on Monday, with U.S.

  • Brent crude at $92.16 per barrel after 2% decline
  • U.S. sanctions target Iran's economic ties, potentially ending conflict
  • Oil tanker hit near Oman's Ash Shishah, Iran claims control of Strait of Hormuz

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