US stock futures plummeted and WTI crude climbed back above $90 following the seizure of an Iranian vessel by US Marines. Tensions remain high as Tehran rejects diplomatic negotiations after the confrontation in the Gulf of Oman.
- US Marines seized an Iranian vessel in the Gulf of Oman
- Tehran has officially rejected negotiation attempts
- WTI crude oil surged 7.55% to $90.18 per barrel
- Dow futures fell 0.92%, reflecting heightened geopolitical risk
- S&P 500 and Nasdaq 100 futures also traded lower
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