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Oil Prices Drop, Stocks Rise on Hopes of Iran Ceasefire Deal

Global oil prices plummeted below $90 a barrel, and stock indices like the Dow, Nasdaq, and S&P 500 surged to new highs, driven by growing hopes of a ceasefire or a deal to end the conflict in Iran. Investors reacted positively to expectations of easing geopolitical tensions.

6 May, 08:11 — 6 May, 10:58
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