Oil prices rise, stock futures inch higher as U.S. and Iran trade more airstrikes

🇺🇸 MarketWatch (US) —

AI Summary

Oil prices increased alongside U.S. stock-index futures due to renewed airstrikes between the U.S. and Iran in the Persian Gulf, raising concerns about another closure of the Strait of Hormuz.

Oil prices rose Sunday while U.S. stock-index futures advanced, after the U.S. and Iran continued to trade fire in the Persian Gulf, renewing fears that the Strait of Hormuz may effectively be shut again.

Security Conflict Politics Markets Commodities Energy Shipping oil prices U.S. Iran Persian Gulf airstrikes Strait of Hormuz stock futures

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