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Oil prices surge, U.S. stock futures plunge after Iran missile attack
Crude oil prices surged and U.S. stock market futures tumbled late Tuesday after Iran fired multiple missiles at air bases in Iraq housing U.S. troops, raising fears of a wider Middle East conflict. Iranian state TV described the attack as a revenge operation over the killing of Revolutionary Guard Gen. Qassem Soleimani by a U.S. airstrike last week. U.S. officials confirmed missile strikes at two bases in Iraq, but there was no immediate word on damage or casualties. The attacks — and the near certainty of U.S. retaliation — raise the possibility of oil supply disruptions, as well as the possibility of violence ... (full story)