US stock futures rise as Trump launches 'Project Freedom' amid Iran tensions and OPEC+ oil output hike.

US stock futures mostly rose following President Trump's announcement of 'Project Freedom,' a plan to assist neutral ships trapped in the Strait of Hormuz due to Iran's blockade. Trump warned of a strong response to any interference, while Iran dismissed the move and warned it would breach ceasefire terms. Meanwhile, traders are watching OPEC+'s decision to increase oil output by 188,000 barrels per day after the UAE's exit, amid concerns that sustained high oil prices could trigger a global recession. Oil prices slightly declined, and Asian markets showed gains as investors reacted to these geopolitical and economic developments.