US futures steadied following a Thursday drop where the Dow fell 1.61%, with Caterpillar and GE Aerospace sliding on supply chain fears ahead of the February jobs report.

The Trump administration is weighing oil price controls, including SPR releases, eased fuel-blending rules, and Strait of Hormuz tanker security to stabilize energy markets

Meanwhile, Zelenskyy offered the US and Middle East allies Ukrainian expertise in countering Iranian drones in exchange for more Patriot missile systems to replenish Kyiv's stockpiles.

Iran’s Foreign Minister Araghchi stated the country is ready for a US ground operation, rejecting talks or ceasefires while warning that any new US military strategy will fail.

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