Oil prices are expected to decline further, potentially reaching the $50s due to increased production and hopes for a Russia-Ukraine peace deal. This would benefit consumers and lower inflation.
Indian stock markets will be closed on May 28 for Bakri Id, marking another trading holiday in 2026. Following this, seven more market closures are
The dollar strengthened near a one-week peak. New U.S. strikes in Iran have complicated peace talks. Oil prices rebounded as hopes for a quick resolution
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