U.S. stock futures declined on Tuesday as renewed Middle East hostilities pushed oil prices higher and investors prepared for inflation data due later this week. Dow E-minis fell 0.89%, S&P 500 E-minis dropped 0.39% and Nasdaq 100 E-minis declined 0.18% at 4:48 a.m. ET. Brent crude futures rose 2.25% to $99.18, their highest since July 24, while energy stocks advanced in premarket trading. The market is focused on the Producer Price Index report due Thursday and the Consumer Price Index report due Friday after investors reassessed interest-rate expectations following comments from Federal Reserve Governor Christopher Waller and a stronger-than-expected jobs report. Traders see a 58.4% chance of an increase this month, according to the CME FedWatch tool. The U.S.-Iran war, now in its seventh month, continues to weigh on equities as Yemen's Tehran-backed Houthis attacked energy facilities and cities in Saudi Arabia and Israel struck a southern Lebanese town. Crypto stocks fell as Bitcoin retreated from $80,000, while chipmakers gained on optimism about artificial intelligence.