US Stock Market Today | Dow Jones | Nasdaq Live: US stocks futures slide up to 2% as Trump threatens more strikes on Iran; oil prices surge

Rising geopolitical tensions directly impact crude oil prices, a critical input for many Indian industries. This creates a challenging environment for sectors reliant on stable energy costs and global trade.

Short-term bearish bias for oil-importing sectors like aviation and OMCs due to rising crude. Long positions in upstream oil producers like ONGC could be considered, but with caution due to overall market sentiment.

For Indian markets, this story mainly matters for , ONGC, RELIANCE and the Oil & Gas, Aviation, Metals pocket. The current signal is bearish, so traders should look for follow-through in price, volume, and sector breadth instead of reacting to the headline alone.

Watch whether the next market session confirms the setup described here: Rising crude oil prices increase input costs for OMCs, potentially squeezing margins. As an oil producer, ONGC benefits from higher crude oil prices. Also track volume confirmation, sector participation, and whether the move holds beyond the first reaction.

• •US stock futures slide up to 2% due to Trump's threats on Iran.
• •Oil prices are surging in response to the geopolitical tensions.
• •Related news indicates Indian investors lost Rs 10 lakh crore in an hour due to market crashes.
• •War worries are dragging weekly performance of Indian shares despite a rupee rally.
• •Risk flag: Further escalation of US-Iran conflict could lead to sharper oil price spikes.