U.S. futures slip, oil rises as Iran tensions temper Fed hopes

U.S. futures moved lower in early European trading after advancing in the previous session, as soft inflation data strengthened expectations that the Federal Reserve (U.S. central bank) will keep interest rates unchanged at its meeting next month. Oil prices rose at the same time as tensions in the Middle East persisted and the United States threatened to maintain a naval blockade of Iran indefinitely. U.S. Treasury Secretary Scott Bessent also heightened expectations for measures due next week aimed at the "economic isolation" of Iran.

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U.S. futures slip, oil rises as Iran tensions temper Fed hopes - CoinPost Terminal