Oil slips ahead of US announcement of new sanctions on Iran

NEW YORK, Aug 24 : Oil prices fell more than $2 a barrel on Monday as investors took profits after recent gains and awaited details of expected new U.S. sanctions on Iran, which could further disrupt supplies from the Middle East.Brent crude futures were down $1.71, or 1.81 per cent, to $92.69 at 12:48 p.m. E

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