Express News | Iranian Official: If Attacked Again, Iran May Choose to Increase Uranium Enrichment to 90%

Breakings15:04

U.S. stock futures fell before the market opened as Trump stated that the ceasefire in the Middle East was in a "life support" state.

U.S. stock futures declined ahead of the market open on the morning of May 12, 2026, Eastern Time, amid the ongoing deadlock in the Middle East, with President Donald Trump stating that the ceasefire agreement between the U.S. and Iran was "on life support." Dow Jones futures fell by 0.1%, S&P 500 futures dropped by 0.4%, and Nasdaq futures declined by 0.9%. Speaking to reporters at the White House, Trump described the month-long ceasefire agreement as "very fragile" and stated he had rejected Iran's response to America’s peace proposal. Iran’s latest counter-proposal included demands for war reparations, an end to sanctions, full sovereignty over the Strait of Hormuz, and the release of frozen Iranian assets. Market participants remained cautious as geopolitical tensions weighed on sentiment.

AASTOCKS24minutes ago

Express News | Sources: The premium for Russian Urals crude oil delivered to Indian ports in June, relative to Brent crude, has dropped to $2-4 per barrel due to weak refining margins.

Breakings39minutes ago

Major Wall Street banks analyze the crude oil market: 'A race against time'! Whether oil prices will break records depends on June.

Oil Price 'June Judgment Day': If China and the US buffer runs out, Brent crude oil may surge to a historical high.

Zhitong FinanceMay 11 20:39

Fears of a collapse in the ceasefire agreement drive up oil prices amid supply disruption concerns.

During the European trading session on Tuesday (May 12), the futures price of West Texas Intermediate (WTI) crude oil on the New York Mercantile Exchange surged by approximately 2.6%-3.6%, nearing or exceeding the range of $98-101 per barrel; Brent crude futures also strengthened, rising more than 3% to around $107 per barrel. The two benchmark oil prices have risen for several consecutive days, with significant cumulative gains, primarily driven by escalating tensions between the United States and Iran and the potential long-term closure risk of the Strait of Hormuz. Geopolitical risks: The ceasefire agreement between the United States and Iran is precarious. On Monday, U.S. President Trump explicitly stated that Iran's response was 'extremely foolish' and 'unacceptable.'

FX678 Finance49minutes ago

S&P 500 Futures Decline In Premarket Trading; Williams-Sonoma, Primo Brands Lag

Dow Jones51minutes ago