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Al Jazeera Englishaljazeera.com

Oil prices fall, stocks rally as US, Iran sign framework to end war (opens original article in a new tab)

TL;DR

Oil prices declined after the US and Iran signed a peace agreement, while Asian stock markets rose on hopes of ending energy supply disruptions.

  • Oil prices fell as US and Iran signed a peace agreement
  • Asian stock markets rallied on optimism for ending energy supply disruptions
  • Brent crude dropped 1.6% but remains 7% higher than pre-war levels

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