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Global oil prices have experienced a decline. This follows an agreement between Israel and Iran. Both nations have Global oil prices have experienced a decline. This follows an agreement between Israel and Iran. Both nations have
agreed to halt strikes against each other. This development has eased market tensions. Fears of a broader regional conflict had previously risen. Those concerns had briefly driven crude prices higher. Market volatility is now
subsiding. Investors are reacting to the reduction in geopolitical risk.