Mint Quick Edit | The US-Iran ceasefire’s stock-market leap: A blip or a peace deal within reach?
The news sent crude oil prices down 14% to under $95 a barrel even as the rupee strengthened against the dollar. Hopes of a lasting peace deal, however, shouldn’t get ahead of the facts. Truce talks are due to begin, but the stated positions of both sides suggest that peace is easier sought than achieved. The direction of stock prices will depend significantly on what happens next.
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