Stock futures slipped early Thursday and oil prices rose again as investors weigh President Trump’s ambivalence and willingness to quickly wind down the war against evidence there are no easy options for doing so.
Futures for Brent crude oil, the international benchmark, rose 2.5% and was approaching the $100-a-barrel threshold again, as attacks on energy infrastructure and shipping paralysis at the Strait of Hormuz create a supply crunch.
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