10 hr 38 min ago How US markets and oil prices are reacting to Israel’s war with Hamas
From CNN’s David Goldman
Oil prices surged and US stock futures fell Sunday night in their first reaction to Israel’s war with Hamas.Although Israel is not a major oil producer, escalating tensions in the oil-rich Middle East spooked investors who have already been selling off oil in recent weeks. Inflation, fear of a global economic downturn and a correction to prices that were surging in recent months had sent US oil prices down from around $95 a few weeks ago to just […]
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