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TSX Futures Slip as Oil Rally Fuels Inflation Worries

Canada’s blue-chip stock futures fell as oil prices reached their highest since May amid an escalation in the Middle East conflict. The move added to concerns about persistent inflation and higher-for-longer US interest rates.

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Futures tracking Canada’s blue-chip stocks fell on Friday, after oil prices hit their highest since May on escalation in the Middle East conflict, keeping investors concerned about prolonged inflation and higher-for-longer US interest rates.December futures on the S&P/TSX index (SXFcv1) were down 0…