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Oil prices surge and stocks drop after Israel attacks Iran – CNN

Oil prices surge and stocks drop after Israel attacks Iran – CNN

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Oil Prices Soar and Stock Markets Decline Following Israel’s Attack on Iran

In a significant escalation of tensions in the Middle East, oil prices have surged dramatically following Israel’s recent military strike on Iran. As a result, U.S. stock futures have plummeted by over 300 points.

According to reports from various news outlets, including CNBC and CBS News, the stock market is reacting negatively to the rising oil prices, indicating investor concerns about the potential impact on the global economy. Meanwhile, safe-haven assets are experiencing a rally as traders seek stability amid the uncertainty.

Stay updated with the latest developments on this breaking news story as it unfolds.

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