Brent fell to around $88, its lowest since Aug. 13, after gaining more than 5% last week. The decline followed two separate developments: Monday's Iran sanctions rollout fell short of its own aggressive rhetoric, with no immediate move against major Chinese banks or firm compliance deadline, and Tuesday brought a New York Times report that the US State Department plans to return evacuated diplomats to the Middle East, a signal of lower near-term escalation risk.The post Brent Oil Falls to $88 as Sanctions Doubts Meet Fresh De-Escalation Signals appeared first on ActionForex.