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The Economic Times
The Economic Times
Business

India bonds walk tightrope on steady oil, shaky US-Iran truce

Indian government bonds moved sideways early on Monday, as caution over a fragile U.S.-Iran truce offset relief from oil's renewed slide below $80 a barrel.

Brent crude futures fell 1.9% in Asian trade to $79.04 per barrel after Iran secured waivers for oil and petrochemical exports under the interim U.S.-Iran deal, ‌easing concerns over global ⁠supply ⁠shortages.

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