Dow Futures Sink Over 450 Points, Oil Reaches $90 Again; Trump Says Marines Took Custody Of Iranian Ship, Tehran Rejects Negotiations

Late Sunday, U.S. stock futures fell sharply while oil prices surged as tensions between the U.S. and Iran escalated following a naval confrontation in the Gulf of Oman.
Stock Futures Slide As Geopolitical Risks Mount
Dow futures fell 455.00 points, or 0.92%, to 49,186.00, while S&P 500 futures dropped 51.50 points, or 0.72%, to 7,110.00 and Nasdaq 100 futures declined 181.25 points, or 0.68% as of 8:40 p.m. EDT.
In commodities, WTI crude oil (May) rose 7.55% to $90.18 per barrel, while the June contract gained 6.90% to $88.29 per barrel.
Brent crude advanced 6.22% to $96.00 per barrel. RBOB gasoline futures climbed 4.13% to $3.1288 per gallon. Natural gas futures rose 1.72% to $2.72 per MMBtu.
Meanwhile, the U.S. dollar index stood at 98.274, up 0.05%.
Asian markets were higher, with Japa