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Iran said the Strait of Hormuz will remain closed until the U.S. meets seven conditions under the June Islamabad agreement. Tehran said its immediate focus is restoring security in the strait rather than nuclear negotiations.
President Donald Trump has warned Iran of severe economic consequences or the destruction of its leadership unless Tehran agrees to a deal, while Iranian officials have threatened retaliation. US Stock Futures Rise, Oil Prices Fall as Asian Markets Gain Dow futures rose 120 points, or 0.23%, to 52,199.00, while S&P 500
Gold's price movement may be determined by Thursday's inflation report as it balances the effects of a hawkish Fed and progress in US-Iran peace talks