Aaj TV English News - World https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Sat, 11 Apr 2026 07:40:16 +0500 Sat, 11 Apr 2026 07:40:16 +0500 60 Crude oil prices drop after potential Iran sanctions relief https://english.aaj.tv/news/330455442/crude-oil-prices-drop-after-potential-iran-sanctions-relief <p><strong>Crude oil prices fell in international markets after reports that the US Treasury Secretary may lift sanctions on Iranian oil, easing concerns over Middle East supply disruptions.</strong></p> <p>London Brent crude dropped by $1.30 to $107.35 per barrel, while US crude oil contracts for May fell by $1.62 to $93.93 per barrel.</p> <p>Prices had previously surged to $119 per barrel amid regional tensions, with some analysts warning they could have reached $150 per barrel.</p> <p>The potential easing of sanctions has eased some of the upward pressure on oil markets, reflecting expectations of increased supply from Iran.</p> Crude oil prices fell in international markets after reports that the US Treasury Secretary may lift sanctions on Iranian oil, easing concerns over Middle East supply disruptions.

London Brent crude dropped by $1.30 to $107.35 per barrel, while US crude oil contracts for May fell by $1.62 to $93.93 per barrel.

Prices had previously surged to $119 per barrel amid regional tensions, with some analysts warning they could have reached $150 per barrel.

The potential easing of sanctions has eased some of the upward pressure on oil markets, reflecting expectations of increased supply from Iran.

]]> World https://english.aaj.tv/news/330455442 Fri, 20 Mar 2026 10:57:15 +0500 none@none.com (Web Desk) – Reuters