Oil Prices Tumble Amid Trump's Economic War on Iran
Oil prices fell sharply on Monday as investors braced for details of a US plan to isolate Iran's economy, which President Donald Trump called the 'most crushing' financial operation ever against Tehran.
The Brent benchmark dropped 2.3% to $92 a barrel, while traders are also watching this week's annual gathering of central bankers in Jackson Hole for clarification on US monetary policy.
Nvidia, the world's most valuable company and a bellwether for the tech sector, is set to report earnings, with investors eager to see if the artificial intelligence boom will continue to accelerate.