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Oil prices fall and shares jump after US-Iran deal announced

business

According to BBC World, a US-Iran agreement is reshaping markets. Oil prices are falling sharply, while equities are climbing. The deal reopens the Strait of Hormuz—a critical shipping lane for global oil supplies. Markets are celebrating because lower crude prices ease inflation and boost consumer purchasing power. President Trump announced the agreement, which marks a significant step back from years of tensions that had kept oil prices elevated.

Source: https://www.bbc.com/news/articles/c6217106px6o?at_medium=...

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