Fresh U.S. military action against Iran and President Donald Trump's declaration that the interim accord is effectively finished pushed oil prices higher while U.S. stock futures remained in positive territory.

Oil Rises As Markets Assess Escalation On Wednesday, Dow futures rose 17.00 points, or 0.03%, to 52,641.00, while S&P 500 futures gained 7.00 points, or 0.09%, to 7,535.75 and Nasdaq 100 futures advanced 100.75 points, or 0.34%, to 29,569.25 as of around 8:30 p.m.

EDT.

In commodities, WTI crude oil rose 0.87% to $74.16 per barrel, while Brent crude climbed 0.87% to $78.70 per barrel.

Natural gas futures edged up 0.09% to $3.215 per MMBtu.