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While there are buffers of supply, spare capacity will come under pressure in the event of any further escalation
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Oil futures will begin trading later on Sunday. Saudi Aramco shares were climbing as trading resumed in Saudi Arabia, possibly hinting that crude is headed for a surge.
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United Airlines' stock on Friday suffered its worst drop in 10 months, with other airline stocks also seeing steep declines amid rising oil futures prices and increased market jitters.
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