10 PM After-Hours Flash: Iran-Israel war LIVE: UAE attacked Iran last month, says WSJ | US Iran war LIVE: Trump mulling resumption of combat oper
Geopolitical tensions are driving a sharp rally in oil as the Iran conflict shows no signs of easing. Brent crude has jumped to one hundred and five dollars a barrel after President Trump said peace talks are on life support and he's considering resuming combat operations. That uncertainty over Middle East supply is keeping a risk premium in the market while traders also watch his upcoming trip to China for any signs of a limited trade truce that could ease broader pressures. In the Asian market attention is turning to that Trump visit where reduced tariff goals and talks on Taiwan could deliver only a temporary pause favoring Beijing. Bitcoin is currently trading at eighty one thousand one hundred and seventy dollars down zero point four percent over the past twenty four hours as risk-off sentiment weighs on crypto while SPX sits at seven thousand four hundred and twelve. European pre-market futures are reflecting the same caution with oil strength supporting energy names but equities likely to open under pressure. This setup points to a volatile open for US traders tomorrow with the VIX holding at eighteen point thirty eight. Russell's Morning Outlook is right around the corner — stay with VixShield. I am your VixShield news reporter.