Dow Futures Drop, Brent Gains After U.S., Iran Trade Threats — Live Updates

Stock Market Today: Dow Futures Drop, Brent Gains After U.S., Iran Trade Threats — Live Updates

Stock futures are pointing to another day of steep declines, with war in the Middle East now in its fourth week and the prospect of further escalation hanging over markets.

Oil prices continued to rise, with futures for Brent crude topping $113 a barrel. They are up more than 85% since the start of the year.

$5 Diesel is Crushing Truckers. It Will Soon Be Felt Across the Economy. – WSJ

$5 Diesel is Crushing Truckers. It Will Soon Be Felt Across the Economy. – WSJ

Long-haul trucker Miguel Caveda recently spent around $1,800 on diesel fuel during a week on the road, about 40% more than he typically paid before the Iran war began.?

The sudden surge in diesel prices has eroded Caveda’s profit and upended his business in other ways, too. He has started searching out lighter hauls and avoiding hilly routes that guzzle fuel. He is also keenly aware that the steeper fuel costs will eventually trickle into the prices consumers pay for goods he is carrying—from tires to watermelon—assuming his business survives.