Oil climbs as U.S.-Iran clashes escalate, markets stay cautious
TL;DR Summary
Oil prices rose as U.S.-Iran fighting intensified, with WTI near $85 a barrel and Brent around $88, while U.S. stock-index futures were broadly flat (Dow futures down about 20 points, S&P 500 and Nasdaq-100 futures up slightly) as investors await tech earnings and assess geopolitical risks.
- Oil prices surge, stock futures dip as fighting between U.S. and Iran intensifies MarketWatch
- Gulf bourses retreat as US–Iran hostilities intensify Reuters
- Oil Climbs as Middle East Conflict Escalates: Markets Wrap Bloomberg.com
- IEA chief warns Strait of Hormuz crisis threatens global energy security Al Jazeera
- Oil Prices Cross $90 a Barrel as U.S.-Iran Conflict Widens The New York Times
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