US stock futures fell as investors braced for ongoing Israel-Iran hostilities that could draw in the US, along with the Federal Reserve's upcoming interest rate decision.

Analysts at Citigroup emphasize that fluctuations in oil prices will play a crucial role in shaping stock market trends in the near future, as investors keep a close eye on the escalating tensions in the Middle East.

Futures on Wall Street continue to trade with losses after benchmark indices gave up all of Monday's gains during Tuesday's trading session. The Dow futures are currently trading 100 points lower, while the S&P 500 and Nasdaq futures are trading 15 and 75 points lower respectively.