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Treasuries Hold Gains as Oil Signals Optimism on Iran Accord
Treasuries rose as the latest signs of an accord to end the US-Iran war sent benchmark oil prices to their lowest levels in more than a month, offering potential relief from sustained high inflation.
Indian stock market surges over 1% on easing oil prices and US-Iran accord hopes - ET EnergyWorld
Indian stock market surges over 1% on easing oil prices and US-Iran accord hopesET EnergyWorld
Bulls return to D-Street as falling oil prices ease geopolitical jitters
Indian stock markets experienced a significant rally on Wednesday. Both the Nifty 50 and S&P BSE Sensex saw gains exceeding 1 percent. This surge followed a sharp drop in oil prices due to potential US-Iran accord news. Easing tensions boosted investor confidence, leading to a broad market uplift. Volatility also decreased, indicating reduced near-term risk.
First Tick: Top global cues to watch in today's trade
Oil prices extended their decline on Thursday, edging closer to pre-war levels as stranded tankers exited the Strait of Hormuz following an initial accord to end the U.S.-Israeli war with Iran, easing supply concerns.