Wall Street Journal | Oil Rises as Trump Issues 'Biting' Sanctions on Iran Wall Street Journal Oil prices rose Tuesday after President Trump said on Twitter his government will strictly enforce renewed sanctions on Iran, including those aimed at choking off Iran's oil exports. Light, sweet crude for September delivery was 0.7% higher at $69.47 a ... OIL PRICE CRISIS: US sanctions on Iran could cause prices to SKY-ROCKET to $90 a barrel |