Geopolitical Tensions Spike, Oil Soars 10%, Markets Dive

1. Iran launched retaliatory strikes on US-linked facilities in the Gulf and issued a stern warning, significantly escalating geopolitical tensions.
2. WTI crude oil prices surged by 10% as a direct reaction to the escalating conflict in the Middle East.
3. U.S. stock futures plummeted, with the Nasdaq 100 down over 2%, signaling strong risk-off sentiment in the market.