North American Morning Briefing: Stock Futures Fall, Oil Rises on Fresh Mideast Flare-Up

Stock futures were lower Monday while oil was on the rise after fresh

U.S. strikes on Iran.

U.S. forces attacked two Iranian rocket launchers in the Strait of Hormuz Sunday, marking the first American strike in weeks.

"The exchange was limited, but it marks the first U.S. strike on Iran's forces in more than a month and highlights the risk of renewed escalation," Danske Bank said.

Brent crude futures were trading above $90 a barrel, rising over 3%.