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Bangkok Post
Bangkok Post
Business

Stocks, oil slip ahead of US threat of economic war against Iran

United States Iran Oil Scott Bessent Nvidia Ipek Ozkardeskaya London Middle East New York the Middle East
US Treasury Secretary Scott Bessent is set to lay out his plan for an 'Economic D-Day' against Iran. (Photo: AFP)

LONDON — Oil prices eased 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.

Wednesday's earnings report from chip giant Nvidia and Thursday's opening of the annual gathering of central bankers in Jackson Hole were also adding to caution on stock markets.

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