Oil climbed toward $100 a barrel after Houthi strikes on Saudi Arabia, lifting inflation fears and pushing Treasury yields higher

(Bloomberg) -- US stock futures fell in cautious trading as an escalation in the Middle East pushed oil prices higher, adding to an already difficult inflationary backdrop.

Oil climbed toward $100 a barrel after Houthi strikes on Saudi Arabia, lifting inflation fears and pushing Treasury yields higher

Stock futures were mixed Wednesday as Brent crude futures briefly hit