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New Tensions Rise as Iran Warns of Possible Strikes on Regional Energy Sites

  Iran has issued a sharp warning that it may target regional energy infrastructure following recent threats from U.S. President Donald Trump over the Strait of Hormuz. The exchange marks a renewed escalation in a long‑running standoff over one of the world’s most critical maritime chokepoints. According to Iranian officials, any attempt to restrict Tehran’s access to the strait would be met with what they described as “direct and proportional” action. Energy facilities across the Gulf—central to global oil and gas supply—were specifically mentioned as potential targets if tensions continue to rise. The Trump administration has repeatedly criticized Iran’s activities in the region, warning of consequences should Tehran interfere with international shipping. The latest remarks from Washington prompted Iran’s response, which framed its position as defensive and tied to national sovereignty. Regional governments have expressed concern that even rhetorical escalation could unsettle...
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Stock Market Today: Nasdaq Futures Surge as Investors Await Powell's Remarks

                                     

U.S. stock futures rose on Wednesday, with tech stocks leading the charge towards fresh record highs as investors eagerly await Federal Reserve Chair Jerome Powell's remarks for clues on future interest rates.

Dow Jones Industrial Average futures climbed 0.5%, or over 200 points, while S&P 500 futures added 0.3% following an all-time closing high. Contracts on the tech-heavy Nasdaq 100 led the way with a 0.7% gain.

Salesforce stock surged around 13% in pre-market trading after the software maker's quarterly revenue beat boosted hopes for its AI products. Shares of Okta and Marvell also jumped amid well-received earnings reports, setting a positive tone for tech stocks.

Investors are keen to hear Powell's speech in New York later today, with growing confidence in a potential December rate cut. Fed officials have signaled support for more easing as they prepare for their final meeting of the year.

A reading on private payrolls in November is also in focus after job openings data suggested the labor market is softening but not too much. The ADP report highlights a busy Wednesday of PMIs and other economic releases, leading into the all-important monthly jobs report on Friday.

Political turmoil in France and South Korea is also on investors' radar, with French lawmakers set to vote on a no-confidence motion and South Korea's president facing impeachment after briefly declaring martial law.


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