Oil Prices Reach Seven-Week High Amid Regional Tensions; Stock Futures Decline
Oil prices surged to a seven-week high due to Houthi militant attacks on Saudi tankers and rising geopolitical tensions in the Middle East. U.S. stock futures fell, with the Dow Jones Industrial Average down over 300 points as investors reacted to higher oil costs and disappointing earnings from Alphabet.
Topics: earnings_impact geopolitical_conflict oil_prices stock_futures_drop