Wall St futures slip as Iran war rages on, investors dial down rate cut bets
The Economic Times·2026-03-20 11:33A report said the Trump administration is considering plans to occupy or blockade Iran's Kharg Island to pressure Iran to reopen the Strait of Hormuz.Crude prices rose, reversing all the losses recorded since major European nations, Japan and the United States hinted at efforts to boost energy supply. Brent crude prices were last up 1.7% at over $110 a barrel.The CBOE volatility index, sometimes referred to as Wall Street's fear gauge, edged up 1.72 points to 25.78. Futures tracking the rate-sensitive ...