Wall Street was set to open lower on Monday as the weekend attack on Saudi Arabi...
- Wall Street was set to open lower on Monday as 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.
The attack on the world’s biggest oil exporter sent oil prices up as much as 20% before they eased off their peaks as U.S. President Donald Trump authorized the use of the country’s emergency oil stockpile to ensure stable supplies. [O/R]
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