U.S.-Iran Tensions Push Oil $95, Futures Fall

U.S. stock futures fell 0.5‑0.6% as renewed U.S.–Iran tensions sparked oil price surge to $95.67 Brent and $87.73 WTI.
President Donald Trump claimed U.S. forces seized an Iranian‑flagged tanker, prompting Tehran threats of retaliation and questioning Strait of Hormuz reopening.
SK Hynix began mass production of 192 GB SOCAMM2 memory for Nvidia’s Vera Rubin AI chip, shares up 2.1% and KOSPI rose 1%.
Cleveland‑Cliffs scheduled earnings release amid World Steel Association’s demand downgrade, while other majors like American Express, Intel, UnitedHealth, RTX and Tesla also report this week.