US futures under pressure as crude reaches levels not seen since May

Futures are lower as oil prices reach levels not seen since May amid halting efforts to bring the U.S. and Iran back to the negotiation table.Futures for the S&P 500 fell 0.3% Friday, while Dow Jones futures slid 0.6%. Nasdaq futures dipped 0.1%.Brent crude, the international standard, rose 1.6% to $114.92 per barrel on Friday. U.S. benchmark crude oil jumped 1.8% to $101.22 per barrel.Gasoline prices in the U.S. are rising again. The national average for a gallon of regular gas rose 2 cents to $4.29 Friday, according to the AAA, compared with $3.07 a gallon a year ago.Higher oil prices have weighed on stocks. The price for a barrel of Brent crude oil leaped 4% on Thursday and has shot up from less than $97 at the start of the month on uncertainty about when the war with Iran will allow the global energy industry to return to normal.Turkey hosted meetings Friday with the foreign ministers of Egypt, Pakistan, Saudi Arabia and European nations — the UK, France, Germany and Italy — to dis