Asian stocks and Wall Street gauges rebounded as President Trump signaled a potential end to the Iran conflict, offering markets a brief reprieve. Crude oil prices also fell significantly. This optimistic shift highlights market sensitivity to Middle East developments, though volatility persists.
Brent below $80 to sustain OMC earnings recovery
Oil marketing companies’ margins are expected to remain stable as crude prices stay below $80. Recent crude price drops have significantly improved earnings for state-owned