Diplomatic progress and supply concerns lift equities and crude prices ahead of key negotiations.
U.S. stock futures advanced in early trading as Washington and Tehran agreed to resume talks, easing fears of escalating conflict. The S&P 500 edged higher, reflecting investor relief after days of military exchanges disrupted shipping in the Strait of Hormuz.
Oil prices rose on persistent tensions in the critical chokepoint, which handles roughly one-fifth of global crude shipments. Prior sessions saw volatility as attacks on vessels heightened supply risks, though diplomatic efforts now appear to be stabilizing sentiment.
Markets await further developments, with geopolitical risks remaining a key focus for energy and equity traders.