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Stocks slump and oil prices leap as war in the Middle East raises worries about high inflation

Oil prices leaped, and stock markets slumped worldwide following the onset of war in the Middle East. Worries about disruptions to the flow of crude sent oil prices up more than 6% Monday. The S&P 500 fell 0.8% as stocks of airlines and other U.S. businesses stand to see higher fuel bills soon. T…