US Futures Muted as Iran War Continues, Investors Await CPI Data

Crude topped $90 a barrel after vessel attacks in the Strait of Hormuz, and US stock futures were churning ahead of Wednesday’s open. The Middle East escalation is prompting risk-off positioning and higher energy prices, creating a market-wide downside risk if disruptions persist.

Analysis

Crude topped $90 a barrel after vessel attacks in the Strait of Hormuz, and US stock futures were churning ahead of Wednesday’s open. The Middle East escalation is prompting risk-off positioning and higher energy prices, creating a market-wide downside risk if disruptions persist.