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U.S. Treasury yields retreated from earlier highs on Tuesday in the wake of economic data, after another rise in oil prices due to the resumption of strikes in the Iran war had reignited inflation concerns and helped trigger a global bond selloff.Yields pared
On Tuesday, Indian stock markets experienced a downturn influenced by increasing oil prices and escalating tensions in the Middle East. Nevertheless, the broader markets displayed resilience as small and midcap indices thrived
India s stronger-than-expected inflation reading for June has left policymakers facing a more uncertain outlook, with renewed tensions around the Strait of Hormuz threatening to push up oil prices and a developing El Ni o raising the risk of higher food costs
Oil prices climbed to a four-week high on Tuesday. The United States reinstated its naval blockade of Iran
US President Trump declared the Iran truce effectively over after attacks on shipping. The United States launched retaliatory strikes on Iranian military targets