Oil spikes, U.S. stock futures sink after Iranian general killed in airstrike
Crude oil prices skyrocketed and U.S. stock market futures fell on Thursday night following news that a top Iranian general and an Iraqi militia’s deputy commander were killed in a possible U.S. airstrike at Baghdad’s airport.
The militia blamed the U.S. for the attack. Washington had no immediate response, but President Donald Trump earlier this week vowed Iran would be held “fully responsible” for the recent attack on the U.S. Embassy in Baghdad by Iranian-backed militias. Thursday’s airstrike set off immediate speculation of serious military reprisals — and potentially all-out war — against U.S. targets around the Persian Gulf by Iran and Iranian-backed militias in Iraq.
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