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Oil Surges on US-Iran Conflict as Stock Futures Stall Ahead of Key Data

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

News Summary

  • U.S.
  • stock futures stalled while crude oil surged as escalating U.S.-Iran military tensions and Strait of Hormuz tanker attacks stoked supply fears.
  • Rising energy costs and climbing bond yields renewed inflation concerns ahead of major U.S.
  • labor market data.
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