US-Iran Tensions Escalate Over Cargo Ship Interception in Gulf of Oman

A maritime incident in the Gulf of Oman has escalated tensions between the United States and Iran. The USS Spruance, a US Navy destroyer, intercepted a cargo ship named 'Touska', believed to be linked to Iran.

The Iranian military has responded with harsh statements, accusing the US of violating the ceasefire by firing on a commercial ship. They claim the attacked ship was sailing from China to Iran and that the US action constitutes 'maritime piracy' and 'armed robbery'.

The incident has had an immediate impact on global markets, with US index futures experiencing sharp declines. S&P 500 futures fell by approximately 0.9%, while Nasdaq 100 futures lost nearly 1%.

Cryptocurrency markets have also been affected, with Bitcoin's price dropping to $74,148.