US Futures Slip, Oil Climbs on Renewed Iran Threat: Markets Wrap

AI Summary

US stock futures declined and oil prices rose due to renewed threats from President Donald Trump concerning Iran. Additionally, UK market uncertainty increased amid speculation regarding Prime Minister Keir Starmer's political future.

US stock futures fell and oil climbed as talks between Washington and Tehran were clouded by a renewed threat from President Donald Trump to strike Iran. The pound slipped on speculation around Keir Starmer’s future as UK prime minister.