Oil Tumbles as US and Iran Pause Military Strikes: Markets Wrap

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AI Summary

Oil prices fell and US equity futures rose after the US refrained from conducting military strikes on Iran for a second consecutive night. This eased concerns about disruptions to crude oil supplies from the Middle East amid recent conflict escalation.

Oil dropped and US equity futures rose early Monday after the US refrained from striking Iran for a second straight night, easing concerns over disruptions to Middle East crude supplies following weeks of escalating conflict.

World Security Conflict Markets Energy oil prices US Iran military strikes Middle East equity futures crude oil supplies

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