U.S. stock futures sink, oil prices surge as Iran war shows no signs of letting up

The Iran war is entering its fifth week, and U.S. stock-index futures fell while oil prices surged after sharp losses on Wall Street on Friday. Investors are increasingly pricing a longer-lasting economic impact from the conflict, raising the risk of energy-driven inflation and higher volatility across equities and commodity markets.

Analysis

The Iran war is entering its fifth week, and U.S. stock-index futures fell while oil prices surged after sharp losses on Wall Street on Friday. Investors are increasingly pricing a longer-lasting economic impact from the conflict, raising the risk of energy-driven inflation and higher volatility across equities and commodity markets.