U.S. Stock Futures Rise Amid Geopolitical Tensions and Oil Price Fluctuations

U.S. stock index futures experienced a modest increase on Monday as oil prices retreated from earlier surges, with investors keenly awaiting Iran's reaction to U.S. strikes on its nuclear facilities.

The geopolitical tension, stemming from U.S. action over the weekend targeting Iran's nuclear sites, has caused oil prices to temporarily reach a five-month peak. Despite the upheaval, Brent crude futures steadied to near $77.06 a barrel. The potential closure of the Strait of Hormuz by Iran contributes to apprehensions about oil supply routes.

In premarket dealings, energy stocks aligned with rising crude values, with major players like Chevron and Exxon showing gains. Defense stocks also rose, indicating market interest in sectors potentially impacted by geopolitical strife. Meanwhile, investor focus now oscillates between the unfolding Middle Eastern tensions and upcoming U.S. economic indicators.

(With inputs from agencies.)