Mar 5, 2026
negativeMiddle East War Rattles Markets as Brent Crude Climbs Toward $84 and Iran Vows Escalation
U.S. equity futures retreated Thursday as Brent crude resumed its climb toward $84 a barrel after Iran pledged to escalate its retaliation against American and Israeli strikes, disrupting Persian Gulf shipping lanes and reigniting fears that prolonged conflict could stoke inflation and delay Federal Reserve rate cuts well into 2026.



