Oil prices plummeted in early trading as both the US and Iran paused their military actions, marking the first tangible signs of de-escalation.
The sudden recess saw Brent crude retreat aggressively, dipping more than 7% at one stage and briefly falling below $90 per barrel.
CBOT wheat prices extended losses for a second consecutive session, settling over 2.6% lower on Friday.
More on Commodities
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