Trump's Iran Naval Blockade Sends Brent Crude Toward $120, Dow Futures Slide—Tehran Taunts US Over Rising Oil Prices

Late Wednesday, U.S. stock futures turned mixed amid escalating tensions between Washington and Tehran, which pushed global oil prices sharply higher.
Oil Prices Surge As Trump Maintains Pressure On Iran
Dow futures fell 162.00 points, or 0.33%, to 48,850.00, while S&P 500 futures gained 30.00 points, or 0.42%, to 7,198.00 and Nasdaq 100 futures advanced 272.75 points, or 1.00%, to 27,598.00 as of 8:34 p.m. EDT.
In commodities, WTI crude oil rose 0.22% to $107.12 per barrel. Brent crude climbed 1.46% to $119.75 per barrel.
RBOB gasoline futures gained 0.33% to $3.7535 per gallon, while natural gas futures fell 0.53% to $2.633 per MMBtu.
ULSD heating oil slipped 0.17% to $4.1916 per gallon.
Meanwhile, the U.S. dollar index stood at 98.858, down 0.12%.
Asian markets were mixed, with Japan’s