Nasdaq Futures Jump 0.76%; Oil Futures Drop 3%. IRGC Says 26 Commercial Vessels Passed Through Strait of Hormuz Under Navy Coordination

TigerMay 20, 2026 12:55 PM

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US stock futures continued to jump premarket with Nasdaq futures up 0.76% while WTI and Brent oil futures dropped over 3%.

The IRGC Navy said 26 vessels, including oil tankers, container ships and other commercial ships, transited the Strait of Hormuz over the past 24 hours under coordination and security oversight from the force. The IRGC said transit through the strategic waterway remains ongoing with permits issued and coordination conducted by the IRGC Navy.

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