ASX 200 Edges Lower at Monday Open as Hormuz Tensions and Weak US Futures Weigh on Sentiment

Markets eye durable truce before unwinding geopolitical risk premium in crude

U.S. stock futures fell in the overnight session late Sunday as renewed tensions between Washington and Tehran reignited concerns about the success of peace negotiations between the countries.

Oil Prices Rise as Doubts Over U.S.-Iran Peace Deal Grow

S&P 500 futures traded down 0.4%, while Nasdaq-100 futures were 0.6% lower.