Markets rally on hopes of easing US-Iran tensions and lower crude prices

AI Summary

Market activity has surged as investors react positively to potential easing of U.S.-Iran tensions and lower crude oil prices. The Brent crude prices fell significantly, indicating that traders anticipate a favorable outcome in negotiations.

Brent crude prices fell on hopes of a peace deal and traded at $102, down 7 per cent. Brent crude prices have gained 39 per cent since the ...