[MARKET ANALYSIS] Oil prices pulled back after last week's advances, while markets await US sanctions on Iran which it threatened would be the toughest and an economic D-Day for Iran

WTI/Brent: WTI Oct'26 -2.0% / Brent -1.9% Oil prices pulled back following last week's advances, and with the absence of any major fresh geopolitical developments over the weekend, while participants await US Treasury Secretary Bessent's announcement of the toughest sanctions against Iran, which the US claimed would be an economic D-Day for Iran. Gold: +0.7% Extended its gains after recently climbing above the USD 4,600/oz level, with the upside in the precious metal coinciding with the pullback in oil prices and yields. Copper: -0.4% Lacks demand amid the mixed risk appetite as participants brace for this week's key events.