Economy: Markets React to Iran–US Talks and Oil Prices

By Abigail Iyade


Global financial markets experienced turbulence as crude oil prices rebounded amid tense Iran–US negotiations. 


The Sensex dropped by 135 points, reflecting investor caution, while mid- and small-cap stocks showed resilience. 


Analysts warn that geopolitical instability, particularly in the Middle East, continues to weigh heavily on investor confidence. 


The oil rebound has also raised concerns about inflationary pressures in developing economies, including Nigeria, where fuel costs remain a sensitive issue.  


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