U.S. stock futires indicated a weak opening, following a steep advance in oil prices. Crude prices rose $1.22 to $73.55 a barrel on fears that Iran might jeopardize global supplies if punished by the West over its nuclear program. In pre-market trading, shares of Chesapeake Energy Corp. rose 1.4% after the natural gas company announced the acquisition of Barnett Shale sites.
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