Futures Jump, Oil Tumbles As Well-Timed Comments Spark Latest Round Of Hormuz Optimism
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Source: Zero Hedge
Published: 2026-08-11 22:22 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Middle East, Military & Defence, Iran, Energy, Economy & Finance, Financial Markets, US Politics, Business & Economy
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Snippet:
US equity futures were trading near session lows with bond yields at August highs of 4.74% and Brent rising above $90 for the first time in two weeks when - with just hours until the market open - we had the now standard double-whammy of well-timed "imminent deal optimism" thanks first to the Qatar foreign ministry, followed less than an hour later by comments from the Pakistan defense minister - a man repeatedly used by the Trump admin to spread
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