India, Sept. 9 -- The major U.S. index futures are currently pointing to a lower open on Wednesday, with stocks likely to extend the downward move seen over the two previous sessions.
A continued surge by the price of crude oil is likely to weigh on Wall Street, as the international benchmark brent crude futures top $100 a barrel for the first time since July.
U.S. crude oil futures are also surging by 3 percent as U.S. forces destroyed five Iranian crude oil carriers after the Islamic Revolutionary Guard Corps targeted a U.S. Navy warship with ballistic missiles.
U.S. Central Command said Iran has used the tankers as part of a multibillion-dollar shadow network that funds the IRGC and its regional proxies.
Iran retaliated by launching ...