International oil prices rise, U.S. stock index futures fall, Intel surges over 4% in pre-market trading | Tonight's Highlights

On Tuesday, US stock index futures declined as the conflict between the US and Iran pushed up oil prices and heightened inflation concerns. Major European stock indexes showed mixed performance. (Source: Investing.com) Due to mutual airstrikes between the US and Iran over the weekend, international oil prices rose for the third consecutive trading day, hovering at six-week highs. On Tuesday, WTI crude oil futures prices increased by over 2%, while Brent crude oil futures prices rose nearly 1.5%. Crude oil prices have surged over the past month, adding upward pressure to US Treasury yields, and traders are increasingly worried that elevated energy prices will drive up inflation.