Markets on alert as Trump vows ‘Project Freedom’ for Hormuz, setting up potential showdown after renewed attacks on ships

Financial markets were muted on Sunday as investors were reluctant to bite on the latest well-timed social media post from President Donald Trump about Iran.

Futures tied to the Dow Jones industrial average rose 84 points, or 0.17%. S&P 500 futures were up 0.11%, and Nasdaq futures added 0.06%.

U.S. oil futures dipped 0.77% to $101.16 a barrel, and Brent crude eased 0.59% to $107.53. Gold fell 0.28% to $4,631.60 per ounce.

The U.S. dollar was down 0.1% against...