Oil prices slipped after strong gains last week while stock markets faltered on Monday as investors awaited details of a US plan to impose massive economic pressure on Iran to end the Middle East war.

Oil prices decline as traders await Treasury Secretary Scott Bessent's detailed Iran sanctions announcement on August 24, after Brent crude

Without detailing specific measures, US Treasury Secretary Scott Bessent signaled Washington would target "fearful nations" that practice "appeasement" by engaging with Iran's…