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BenzingaBenzinga··Piero Cingari

Oil Surges Past $114 on Iran Strike; S&P 500 Drops Amid Inflation Fears

U.S. stocks fell as Iranian drone strike on UAE port sent crude above $114/barrel, triggering inflation concerns and potential Fed rate hike expectations by March 2027.
NVDAMSFTAMZNGOOGGOOGL+19energy sectorS&P 500