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A whole civilization will die tonight, never to be brought back again. I don’t want that to happen, but it probably will. However, now that we have Complete and Total Regime Change, where different, smarter, and less radicalized minds prevail, maybe something revolutionarily wonderful can happen, WHO KNOWS? We will find out tonight, one of the most important moments in the long and complex history of the World. 47 years of extortion, corruption, and death, will finally end. God Bless the Great People of Iran! – Tump on Truth Social

The growing stress in the oil market triggered by the war in West Asia is showing up in huge premiums for prompt real-world barrels, with the wider Brent complex working as it should, according to Morgan Stanley.

Buyers are “paying an exceptional premium for secure, refinery-usable Atlantic Basin barrels available now,” analysts including Martijn Rats said in a note dated April 7. “That does not mean the futures market is broken. It just means that different parts of the complex are pricing different combinations of immediacy, tightness and expected persistence,” they added.

Bitcoin dropped nearly 2% overnight as the US-Israeli war against Iran spooked risk favouring investors amid high volatility. The cryptocurrency quoted at $68,356, down 1.77% as of around 5.30 pm IST. Bitcoin, the world’s largest cryptocurrency, slipped as much as 2.2% and was trading near $68,800 on Tuesday afternoon in Singapore, giving up gains from the previous session. The token had briefly crossed $70,000 on Monday for the first time since March. Other digital assets also weakened, with Ether, the second‑largest cryptocurrency, falling up to 2.8%.

“Bitcoin sentiment remains bearish in the short to medium term,” a Yahoo Finance report quoted Rachael Lucas, an analyst at BTC Markets. She noted that investors are largely in wait‑and‑watch mode, with bulls lacking the confidence to push prices higher and bears unable to trigger a sharp breakdown.

Markets are closely tracking developments in West Asia. Trump has given another 48-hour deadline for Iran to reopen the Strait of Hormuz, set to expire Tuesday evening.

Good evening and welcome to CNBC-TV18’s live coverage of the US markets today. For starters, futures tagged to benchmark indices on the Wall Street are indicating a subdued open as investors balance risk appetite amid the ongoing geopolitical uncertainty, especially ahead of the looming Trump-imposed deadline on Iran. At 5.08 pm IST, S&P Futures were 21 points lower, while Dow Futures traded 134 points down. Nasdaq Futures were also lower by over 100 points.

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