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@AlArabiya_Fa$10 Million Jumps After Iran-Israel Truce
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Trump Announces Israel-Iran Ceasefire, Oil Prices Drop 4%-7% Below $70, Global Shares Rally, Dollar Extends Decline
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U.S. President Donald Trump announced a ceasefire agreement between Israel and Iran, leading to a notable decline in global oil prices and a rally in global stock markets. Following the announcement, U.S. crude oil futures fell by more than $3 per barrel, with oil prices dropping approximately 4% to 7%, reaching over one-week lows and falling below $70 per barrel.
The ceasefire eased concerns over potential supply disruptions in the oil market. Concurrently, global shares rallied, and the U.S. dollar extended its decline as investors reacted to the reduced geopolitical tensions in the Middle East.
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