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Oil Prices Fall Below $70 on Mideast De-escalation

🔻 Tensions between Israel and Iran have eased following a new ceasefire brokered with Qatar’s help, prompting Brent crude prices to drop more than 2%—falling below $70 per barrel for the first time in over a week. The decline boosts India’s trade balance and supports the rupee’s rally.  

Source: reuters.com

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