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Oil Futures Rise 2%+, US Stock Futures Weaken as Mkt Waiting for Iran's Response to US Airstrike
Following the US airstrike on three Iranian nuclear facilities, it is reported that the Iranian parliament supports the closure of the Strait of Hormuz. Oil prices rallied during e...
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Oil Futures Rise 2%+, US Stock Futures Weaken as Mkt Waiting for Iran's Response to US Airstrike
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Following the US airstrike on three Iranian nuclear facilities, it is reported that the Iranian parliament supports the closure of the Strait of Hormuz. Oil prices rallied during electronic trading sessions, while US stock futures weakened.

Brent oil futures for August delivery rose by USD1.9 or 2.5% to USD78.92. It once reached a peak of USD81.4 intraday. New York oil futures for August delivery increased by USD1.92 or 2.6% to USD75.76. It once climbed to an intraday high of USD78.4.

Related NewsBuilding Permits MoM Prel for May in United States is -2%, higher than the previous value of -4%.
In terms of US stock futures, DJIA futures fell by 141 points to 42,374, S&P 500 futures dropped by 21 points to 5,997, and Nasdaq 100 futures declined by 95 points to 21,749.

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