OIL IS HEADING FOR A WEEKLY GAIN OF MORE THAN 5%, WITH BRENT TRADING ABOVE $93 A BARREL AND WTI AROUND $86, AS THE U.S. PREPARES TOUGHER MEASURES TO ISOLATE IRAN'S ECONOMY, WITH TREASURY SECRETARY BESSENT SAYING DETAILS WILL BE ANNOUNCED MONDAY AND THE MEASURES POTENTIALLY TARGETING COUNTRIES THAT CONTINUE DOING BUSINESS WITH IRAN.

OIL IS HEADING FOR A WEEKLY GAIN OF MORE THAN 5%, WITH BRENT TRADING ABOVE $93 A BARREL AND WTI AROUND $86, AS THE U.S. PREPARES TOUGHER MEASURES TO ISOLATE IRAN'S ECONOMY, WITH TREASURY SECRETARY BESSENT SAYING DETAILS WILL BE ANNOUNCED MONDAY AND THE MEASURES POTENTIALLY TARGETING COUNTRIES THAT CONTINUE DOING BUSINESS WITH IRAN.

Source:https://x.com/FirstSquawk/status/2090593185110388795