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Commodities

Markets Rally as US-Iran Conflict Eases

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Oil
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The global markets started the week on a positive note after the US and Iran put their conflict on hold for the second consecutive day.

This development led to a significant drop in crude oil prices, with West Texas Intermediate (WTI) futures trading at $84.52 per barrel, down 5.36% from Friday's close.

The Indian markets are expected to follow suit, with the GIFT Nifty indicating a positive start, up 88 points or 0.37%.

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