Asian shares track Wall Street gains and oil prices climb on uncertainty over the Iran war

US stocks moved lower Thursday as rising oil prices, concerns over the Iran conflict and renewed inflation fears pressured investors across S&P 500, Dow Jones Industrial Average and the broader New York Stock Exchange.

Futures tied to the Dow Jones Industrial Average rose 62 points.

Oil prices climbed as tensions persisted around the Strait of Hormuz.

Not even another better-than-expected profit report from Nvidia was enough to kick it back into gear.