The tense situation in the Hormuz Strait continues, with oil prices soaring and S&P 500 stock index futures sliding.

On Monday morning, Brent crude oil futures strengthened, while US stock index futures weakened. The US and Iran have opened peace treaty negotiations in Switzerland, and US Treasury futures have also weakened. The British pound against the US dollar exchange rate has dropped, with reports suggesting that Cameron will announce his resignation as UK Prime Minister in the coming days.