Nasdaq 100 futures fell more than 1% after two oil tankers were attacked in the Strait of Hormuz, where about 20% of global oil and LNG shipments pass daily. The strikes were attributed to Iran’s Islamic Revolutionary Guard Corps and reportedly involved multiple commercial vessels, including a Qatari LNG tanker and a Saudi crude tanker. The area’s maritime threat level rose to severe, while daily traffic dropped to single digits from roughly 100 vessels. Brent and WTI prices gained between 3% and 9%, moving toward $90 to $100 a barrel, as war-risk insurance premiums also climbed. A prolonged disruption could raise transport costs, tighten natural gas markets in Europe and Asia, and intensify inflation concerns for central banks and equity investors.