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Israel's war on Hamas has a more than 50% chance of drawing in groups from Lebanon or Syria, or producing a direct conflict with Iran, said BCA Research.
Oil futures trade near unchanged after a jump at the end of last week, with investors on the lookout for signs the Israel-Hamas war could escalate.
Oil futures were being watched as a bellwether Sunday as Western diplomats and leaders warned Iran not to wade into the Israel-Hamas war .
Oil prices climbed on Friday as investors fear Israel could be ready to launch a ground invasion into Gaza.
Treasury yields drop on Friday, reversing some of Thursday's sharp advance, as traders seek safety amid concerns about an escalating Israel-Hamas conflict.