Houthis Tighten Grip on Yemen’s Red Sea Coast, Threaten Vital Shipping Route: Brent Crude Surges Above $1

On Thursday, Iran-backed Houthis reportedly seized Yemen’s key Red Sea port of Mocha and advanced toward strategically important islands.

US Stock Futures, Oil Prices and Asian Markets Today

Dow futures rose 93 points, or 0.18%, to 52,188.00, while S&P 500 futures gained 9.50 points, or 0.13%, to 7,608.00. Nasdaq 100 futures slipped 4.50 points, or 0.02%, to 29,130.75 as of around 8:45 p.m. EDT.

In commodities, WTI crude oil rose 0.78% to $103.28 per barrel, while Brent crude advanced 0.85% to $108.54 per barrel. Natural gas futures fell 0.07% to $2.832 per MMBtu.

Meanwhile, the U.S. dollar index, which tracks the greenback against a basket of currencies, stood at 99.070, down 0.02% at the time of writing.