Futures down after Saudi attacks spark rush for safety

U.S. stock index futures slipped on Monday after the weekend attack on Saudi Arabian oil facilities knocked out 5% of…

U.S. stock index futures slipped on Monday after the weekend attack on Saudi Arabian oil facilities knocked out 5% of the world’s supply, sparking concerns over global economic growth and heightening tensions in the Middle East. Oil prices soared as much as 20% after the attack on the world’s biggest oil exporter, before easing off their peaks as U.S. President Donald Trump authorized the use of the country’s emergency oil stockpile to ensure stable supplies.

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