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Oil prices spike, Dow futures dive after U.S. airstrike kills Iran's top military leader

January 03, 2020

Crude oil prices spiked 4% Friday after Iran's top military commander was killed in an airstrike ordered by President Donald Trump, an abrupt escalation of Middle East tensions with serious implications for global oil supplies and economic growth.

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Oil prices spike, Dow futures dive after U.S. airstrike kills Iran's top military leader