oil prices

President Trump said Saturday, speaking to reporters outside the White House, that he rejects Iran's offer to reopen the Strait of Hormuz and resume talks on its nuclear program within seven days if the United States lifts its naval blockade. The rejection keeps tensions high over one of the world's most important oil shipping routes, with energy markets and observers watching closely for Iran's next move.

US stock futures are in the spotlight as investors react to President Trump's decision on Iran. Traders are weighing the potential impact on oil prices, geopolitical risk and safe-haven demand when markets open, with analysts watching whether the move escalates tensions in the Middle East or opens the door to de-escalation.

Global crude oil prices are holding above $105 a barrel as maritime security risks in the Strait of Hormuz escalate, forcing international shipping routes to adjust with delays and longer detours. Markets are watching whether the key oil chokepoint's instability will keep prices elevated and how higher energy costs could feed into global inflation.

Analysts are highlighting Saudi Arabia's central role in the global economy, driven by its oil output, sovereign wealth and influence over energy markets. Discussion focuses on how decisions made in Riyadh affect inflation, energy prices and investment flows worldwide, at a time when economies are sensitive to any shifts in oil supply.

Retail investors are closely watching three Indian oil stocks following a disruption in the Strait of Hormuz, the key shipping route for a large share of the world's crude. The disruption has raised concerns about oil supply and fuel prices, prompting interest in Indian energy companies seen as potential beneficiaries of higher crude prices or domestic supply plays.

Investors are focused on Shell's share buyback programme, balance sheet strength and portfolio strategy as the oil major continues returning cash to shareholders. Analysts and market watchers are weighing how the company will balance shareholder returns with investment in its energy transition and restructuring of its asset base amid shifting oil and gas prices.