Oil prices fell for a second straight day on Tuesday as traders saw a reduced risk of renewed US military strikes on Iran after Washington instead threatened broader economic sanctions. Treasury Secretary…

Oil prices fell more than one dollar on Monday as investors took profits and awaited expected new U.S. sanctions on Iran.

Oil prices eased more than $1 a barrel on Monday as investors booked profits ahead of a US announcement on new sanctions against Iran, with markets weighing the possibility of…