Author page: The Situation Report

Oil stabilises as investors weigh US, Iran threats to facilities, sanctions lift

SINGAPORE, March 23 (Reuters) – Oil prices were little moved on Monday as ‌investors weighed U.S. and Iranian threats to target energy facilities that could escalate the war against the release of millions of barrels of Iranian oil at sea to global markets after Washington lifted sanctions. Brent crude futures dropped 8 cents to $112.11 a barrel ​by 2324 GMT after settling…

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