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Crude Surges on Middle East Attacks as US Futures Slide

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • US stock futures fell while crude oil surged after Houthi strikes halted operations at Saudi Aramco facilities and US forces hit Iranian oil carriers.
  • Traders remain cautious amid Middle East tensions and rising expectations of a Federal Reserve rate hike ahead of key August inflation data.
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