Oil Surges Past $85 as U.S. Attacks Iran, Stocks Mixed

Brent crude oil surpassed $85 a barrel for the first time in a month, driven by an increase in tensions following three consecutive nights of U.S. attacks on Iran and the subsequent renewal of blockades on Iranian trade.

U.S. stock futures showed mixed performance in early trading as the energy market reacted to the developing situation. The renewed blockade on Iranian trade has impacted global oil supply concerns, contributing to the price jump.