Crude oil and refined product futures prices were seeing solid declines to start the week Monday, as markets await details of the latest U.S. economic action against Iran.

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

NEW YORK, Aug 24 : Oil prices fell more than $2 a barrel on Monday as investors took profits after recent gains and awaited details of expected new U.S. sanctions on Iran, which…