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Market Impact: 0.62

Oil Climbs, US Futures Dip on Fresh Iran Strikes: Markets Wrap

Geopolitics & WarEnergy Markets & PricesMarket Technicals & Flows

Oil jumped as the US launched another round of strikes against Iran, while US equity futures fell. Conflicting claims over the status of the Strait of Hormuz increased shipping and supply-chain uncertainty, likely keeping energy risk premia elevated and weighing on risk sentiment.

Analysis

Oil jumped as the US launched another round of strikes against Iran, while US equity futures fell. Conflicting claims over the status of the Strait of Hormuz increased shipping and supply-chain uncertainty, likely keeping energy risk premia elevated and weighing on risk sentiment.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25