US equity futures slid 0.4% to 0.5% Monday as a US Navy seizure of an Iranian vessel stoked fresh fears over Middle East stability and oil supply security. The move came as a ceasefire deadline loomed, injecting uncertainty into ongoing peace talks and triggering a broad risk-off shift across markets. Brent crude surged 8%, the sharpest near-term signal of how traders are pricing renewed disruption risk to Gulf shipping lanes. The Iranian vessel seizure is the operative catalyst: any escalation that threatens Strait of Hormuz transit directly pressures global crude supply, with Brent's reaction suggesting markets are not treating this as a contained incident. Equity investors are repricing geopolitical risk premium simultaneously. Watch whether diplomatic channels stabilize before the ceasefire deadline expires, that outcome will determine whether the oil spike and futures weakness extend or reverse into the week.
Indian startups raised $5.2 billion across 501 deals in H1 2026, down 9% in value but up 7% in deal count year-on-year, per the Inc42 Indian Tech Startup Funding Report. The drop is driven by fewer mega-rounds, while AI funding surged 317% and growth-stage deal activity hit a multi-year high.
The BSE Sensex fell 893 points and the Nifty 50 shed 279 points on June 30, 2026, wiping out roughly Rs 6 lakh crore in investor wealth in a single session. Both indices dropped 1.16%, closing at 76,200.68 and 23,824.10 respectively.
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
