U.S. stock futures fell on Sunday evening after the U.S. launched renewed strikes against Iran, lifting oil prices and intensifying concerns about inflation and Federal Reserve policy. S&P 500 Futures fell 0.4% to 7,689.0 points by 20:00 ET, Nasdaq 100 Futures dropped 0.7% to 29,294.75 and Dow Jones Futures declined 0.27% to 54,440.0. The attacks on two launchers on Larak Island were the first known U.S. strikes against Iran since July and came after Washington had signaled a shift toward economic pressure. Tehran retaliated by attacking U.S. forces in Jordan, a Fox News reporter said. Oil prices rose about 2% in early Monday trading as investors assessed possible supply disruptions around the Middle East and the Strait of Hormuz. Federal Reserve Chair Kevin Warsh’s comments at the Jackson Hole economic symposium also kept markets focused on higher rates. CME FedWatch showed a 55.9% probability of a 25-basis-point increase at the Fed’s September 16 meeting, compared with an earlier 57% reading. Asian markets also weakened, with Japan’s Nikkei 225 down 1.4% below 65,500 and the Topix down 0.9% to 4,110. Investors are watching U.S. payrolls and consumer-price data, alongside developments in the Iran conflict and the Strait of Hormuz.