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Commodities

Stocks Sag as Oil Prices Slip Amid Middle East Tensions

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Oil
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Stocks on Wall Street wavered on Friday as crude oil prices fell for the first time in a week, despite heavy fighting in the Middle East threatening to slow global oil supply.

The S&P 500 index dipped by 0.1% and is on track for its second consecutive losing week, which hasn't happened since March.

This decline comes as tensions in the Middle East rise, potentially impacting global oil production and prices.

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