On Wednesday, reported U.S. military action near the Strait of Hormuz pushed oil prices above $90 a barrel again as investors weighed rising geopolitical tensions against ongoing diplomatic talks between Washington and Tehran.
Oil Prices Jump As US Strikes Raise Strait Of Hormuz Concerns Dow futures rose 37.00 points, or 0.07%, to 50,765.00, while S&P 500 futures gained 7.50 points, or 0.10%, to 7,547.50 and Nasdaq 100 futures climbed 23.25 points, or 0.08%, to 30,070.50 as of around 9:23 p.m.
EDT.
In commodities, WTI crude oil added 1.69% to $90.18 per barrel.
Brent crude gained 2.03% to $96.20 per barrel.
