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“Oil Surges, Stocks Slide as U.S.–Iran Tensions Escalate in Strait of Hormuz” 🚨🚨🚨

Global markets were rattled after rising tensions in the Strait of Hormuz sent oil prices sharply higher while stock futures declined. Brent crude jumped over 6%, nearing $96 a barrel, as fears of supply disruptions returned.

The situation escalated after reports of Iranian forces targeting a tanker near Oman, followed by U.S. forces opening fire on an Iranian vessel that allegedly ignored repeated warnings. The U.S. later confirmed Marines seized the ship, while Iran signaled a swift response.

Despite plans for renewed peace talks, the conflict now appears more fragile than at any point since the April 7 ceasefire. As uncertainty grows, energy stocks climbed while airlines and cruise companies dropped, reflecting investor concerns over rising fuel costs and geopolitical instability.