Brent tops $92 as Strait of Hormuz attacks jolt oil and equities
Brent crude jumped past $92 after attacks on oil tankers in the Strait of Hormuz, while oil-linked stocks and broader equity futures moved lower in premarket trading.
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U.S. stock futures point lower as geopolitics, data loom
U.S. stock futures pointed to a lower open Monday as investors weighed Middle East escalation, trade tensions with Canada and a busy week for labor data and earnings.
WTI Crude Oil futures surged on Middle East escalation.
WTI Crude Oil futures experienced a significant rally following an escalation of geopolitical tensions in the Middle East. Global energy markets are closely monitoring the potential for supply chain disruptions. Short-covering by speculators contributed to the rapid upward price movement. On the domestic front, the lat