* TSX futures up 0.5%

May 5 (Reuters) - Futures for Canada's main stock index

gained on Tuesday as oil prices ticked lower amid renewed

tensions in the Middle East threatening a fragile truce.

June futures on the S&P/TSX index were up 0.5% at

6:58 a.m. ET (1058 GMT).

* The U.S. and Iran launched new attacks in the Gulf on

​Monday as they wrestled for control over the Strait of Hormuz

with dueling maritime blockades.

* Brent crude futures slipped but held near $114 a barrel as

investors monitored developments in the Middle East conflict.

* Spot gold and silver rose 0.5% and 1%,

respectively, though gains were capped as elevated oil prices

kept inflation concerns alive.

* The Toronto Stock Exchange's S&P/TSX composite index

ended lower on Monday as the Iran conflict escalated,

stoking fears of higher inflation that could lead to

interest-rate hikes this year.

* Investors are also watching corporate earnings in the

United States and Canada for signs of how companies are

navigating challenges arising out of the U.S.-Iran war.

* On the earnings front, exchange operator TMX Group's ( TMXXF )

first-quarter revenue and profit beat analyst estimates.

* Real estate firm Dream Impact Trust's

first-quarter net loss widened from a year earlier, as

commercial income fell.

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report

Canadian dollar and bonds report

Reuters global stocks poll for Canada

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(Reporting by Tharuniyaa Lakshmi in Bengaluru; Editing by

Joyjeet Das)