Oil prices fall after US Iran sanctions threat stops short of penalties Oil prices fell after the Trump administration’s “economic D-Day” campaign against Iran stopped short of imposing new penalties, Reuters reported. Brent crude was down 0.1% at $92.08 a barrel after falling more than 2% overnight, while US crude edged 0.1% higher to $85.09. The Trump administration warned countries Monday to cut business ties with Iran or risk secondary sanctions, but the Treasury Department did not announce penalties as part of the move. Pakistan says progress made toward restoring US-Iran MoU Pakistan made “significant progress” in talks with Iranian…
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