Premarket: U.S. futures struggle for direction as Trump threatens strikes on Iranian infrastructure

President Trump's warning of “hell” for Iran unless it reopens the Strait of Hormuz by his self-imposed deadline pushed risk perceptions higher: oil prices rose while equities traded mixed. A subsequent report of a push for a ceasefire eased some immediate market nerves, tempering the initial escalation-driven moves.

Analysis

President Trump's warning of “hell” for Iran unless it reopens the Strait of Hormuz by his self-imposed deadline pushed risk perceptions higher: oil prices rose while equities traded mixed. A subsequent report of a push for a ceasefire eased some immediate market nerves, tempering the initial escalation-driven moves.