Optimism Remains Despite U.S. Strikes on Iran

Equity futures are in the green, even as U.S. airstrikes on Iranian targets send oil prices back up from yesterday’s lows.

Key Takeaways

• U.S. Strikes Iran, With the Diplomatic Implications in Flux: Another day, another potential obstacle to peace. Renewed U.S. strikes against Iranian missile launchers and boats overnight boosted WTI oil to $93 per barrel, up from below $90 per barrel yesterday, the lowest since early May, on peace talk optimism. Markets, though, still cling to the narrative that a resolution looms.