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 rose to $92.16 a barrel on August 25 as investors weighed new U.S. sanctions on Iran. Prices gained marginally after they fell more than 2% on Monday. U.S. Treasury Secretary Scott Bessent said countries must sever business ties with Iran or risk being excluded from the financial system.