Oil Surges on Mideast Tensions, US Futures Tumble, Crypto Sees Extreme Volatility

1. Oil prices jumped over 6%, driven by rising geopolitical tensions in the Middle East, causing US oil company shares to surge in pre-market trading.
2. Major US index futures like the S&P 500 and Nasdaq 100 dropped by more than 1%, signaling strong risk-off sentiment in the market amid global concerns.
3. The crypto market experienced extreme volatility as the STO token plummeted 60% in 15 minutes, while the Kraken exchange also temporarily disabled EFT withdrawals.