Iran has resumed discussions with Oman on reopening safe passage through the Strait of Hormuz as President Donald Trump said all mines in the strategic waterway had been removed.

US Stock Futures, Oil Prices Slip As Asian Markets Trade Mixed

Late Tuesday, Dow futures fell 26.00 points, or 0.05%, to 53,619.00, while S&P 500 futures declined 13.75 points, or 0.18%, to 7,678.25. Nasdaq 100 futures slipped 119.25 points, or 0.41%, to 29,157.50 as of around 8:47 p.m. EDT.

In commodities, WTI crude oil fell 1.97% to $80.74 per barrel, while Brent crude declined 2.14% to $86.68 per barrel. Natural gas futures advanced 1.34% to $2.807 per MMBtu.

Meanwhile, the U.S. dollar index, which tracks the greenback against a basket of currencies, stood at 98.917, up 0.02% as of around 6:27 a.m. IST.