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Crude opened the week little changed as oil markets brace for a heavy week of geopolitical risk, with President Trump threatening new Iran sanctions and musing

Crime News • 2026-08-17 09:15 UTC • By Billy Odell Tucker-Robinson
Crude opened the week little changed as oil markets brace for a heavy week of geopolitical risk, with President Trump threatening new Iran sanctions and musing
Crude opened the week little changed as oil markets brace for a heavy week of geopolitical risk, with President Trump threatening new Iran sanctions and musing about declaring the Strait of Hormuz a US territory — Wood Mackenzie's Sushant Gupta breaks it down [▻](https://video.twimg.com/amplify_vi…
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