US-Iran War Tensions Send Stock Futures Plummeting Amid Ongoing Oil Price Volatility

Tensions in the Middle East continue to rise after the US sank an Iranian frigate in international waters. Iran's Foreign Minister, Seyed Abbas Araghchi, warned that the US will 'bitterly regret' the precedent it has set.

Crude oil prices remain on the boil despite President Donald Trump's attempts to reassure investors about the flow of oil through the Strait of Hormuz.

Nvidia shares edged lower in premarket trading after reports that the company asked its contract manufacturer, Taiwan Semiconductor Manufacturing Company, to redirect production capacity for its H200 chip to manufacture its next-generation Vera Rubin processors.