U.S. stock futures retreated Tuesday as oil prices continued to climb following the shutdown of Saudi Arabia's East-West pipeline. The 10-year Treasury yield held above 5% as investors awaited a key Federal Reserve decision. Market attention focused on the central bank's policy outlook amid persistent inflation concerns.

Oil markets reacted sharply to the pipeline disruption, which has kept supply constraints in focus. Traders positioned for potential volatility as the Fed's meeting approached, with attention on interest rate signals. The yield's persistence above the 5% threshold highlighted ongoing debt market scrutiny.

Equity markets showed caution as the combination of energy supply risks and monetary policy uncertainty created a cautious trading environment.