WTI crude oil prices have fallen significantly as the market digests the announcement of new, stringent U.S. sanctions against Iran. Paradoxically, some investors are speculating that this maximum pressure campaign could accelerate a diplomatic resolution, potentially increasing future oil supply. Adding to the downward pressure, recent data revealed a notable build in U.S. crude oil inventories, signaling weaker demand and contributing to the price decline. Some profit-taking after last week's gains has also been reported.