Global Markets Rally, Energy Prices Fall As Breakthrough US Iran Deal Agreed
Global markets rallied after US President Donald Trump announced a breakthrough peace agreement with Iran, easing concerns over disruptions in the Strait of Hormuz. Brent crude fell sharply, the US dollar weakened, and Indian benchmark indices surged, with the Sensex gaining over 1,100 points and the Nifty rising more than 330 points. While optimism has returned to financial markets, investors remain watchful as Iran says the final agreement will be negotiated during a 60-day ceasefire period.
