Markets are jittery as the global oil crisis bleeds into a global debt selloff, while Trump weighs new military options on Iran

Stock futures dipped Sunday as investors were forced to confront the inconvenient reality that the Strait of Hormuz remains closed with oil markets edging closer to a cliff’s edge.

Futures tied to the Dow Jones industrial average fell 123 points, or 0.25%. S&P 500 futures were down 0.09%, and Nasdaq futures lost 0.04%.

U.S. oil futures rose 1.75% to $107.26 a barrel, while Brent crude climbed 1.1% to $110.50. Gold fell 0.14% to $4,555.30 per ounce.

The U.S. dollar was up 0.03% against the euro and up 0.01% against the yen. The yield on the 10-year Treasury was steady at 4.597%.

Last week’s euphoria came to screeching halt on Friday, when........

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