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

stock-index futures fell and oil prices surged again on Sunday, following sharp losses on Wall Street on Friday, as investors are waking up to the reality that the economic effects of the Iran war — now entering its fifth week — are likely to last longer than first expected. stock-index futures fell and oil prices surged again on Sunday, following sharp…

Key takeaways

Quick scan — what you need to know:

• stock-index futures fell and oil prices surged again on Sunday, following sharp losses on Wall Street on Friday, as investors are waking up to the reality that the economic effects of the Iran war —…
• U.S. stock-index futures fell and oil prices surged again on Sunday, following sharp losses on Wall Street on Friday, as investors
• are waking up to the reality that the economic effects of the Iran war — now entering its fifth week — are likely to last longer
• than first expected. U.S. stock-index futures fell and oil prices surged again on Sunday, following sharp losses on Wall Street on

Background

What led here, in plain terms:

• than first expected. U.S. stock-index futures fell and oil prices surged again on Sunday, following sharp losses on Wall Street on
• Friday, as investors are waking up to the reality that the economic effects of the Iran war — now entering its fifth week — are
• likely to last longer than first expected.

Why it matters

Why readers and decision-makers should care:

• are waking up to the reality that the economic effects of the Iran war — now entering its fifth week — are likely to last longer
• than first expected. U.S. stock-index futures fell and oil prices surged again on Sunday, following sharp losses on Wall Street on
• Friday, as investors are waking up to the reality that the economic effects of the Iran war — now entering its fifth week — are