US stock futures decline as Trump rejects Iran deal response
The post US stock futures decline as Trump rejects Iran deal response appeared on BitcoinEthereumNews.com. Diplomacy between Washington and Tehran just hit a wall, and markets are feeling every brick. US stock futures tumbled after President Trump rejected Iran’s counter-proposal to his deal over the Strait of Hormuz, reigniting fears of a broader military confrontation and rattling investors across asset classes. Dow futures fell by more than 450 points, while oil prices spiked to $90 per barrel on concerns about supply disruptions through one of the world’s most critical shipping lanes. The S&P 500 and Nasdaq futures also posted marginal declines during overnight trading sessions as the situation deteriorated. From negotiation table to market turmoil The timeline here matters. On April 9, during an earlier phase of negotiations, Iran floated the idea of accepting Bitcoin for oil tanker transit through the Strait of Hormuz. That suggestion, however unconventional, initially gave US st