U.S. Futures Mostly Lower, Oil Price Rises on Middle East Tension
Uncertainty regarding the opening of the Strait of Hormuz and a peace agreement between Iran and the U.S. weighed on sentiment, as Trump said Iran would need to pay compensation before any deal could be agreed.
Global Bond Yields Climb Due to Inflation Fears
Market focus is on the U.S. CPI data due to be released on Wednesday as investors assess the impact of the Middle East conflict on the economy.
Why the Real Oil Squeeze Is Happening in Refineries
