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Commodities

Crude Oil Price Surge May Drag US Stocks Down

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Oil
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US stocks may come under pressure as crude oil prices spike, leading to a lower open for markets on Monday.

The major index futures are currently pointing to a lower open, with the S&P 500 futures down by 0.4 percent.

This downward momentum comes amid concerns about a re-escalation of military conflict in the Middle East following a period of relative calm.

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