Oil prices saw sharp swings before ending the week higher, even after early gains faded. Traders are tracking possible U.S. and Iran peace talks that could reduce supply worries, but disruptions in the Strait of Hormuz are sustaining fears of renewed escalation. That uncertainty is keeping crude prices supported into the next trading stretch.
Indian government bonds pared most of their losses on Monday as inflation came in softer than expected, drawing late-session value buyers. The move eased worries about rising price pressures after oil surged following the collapse of U.S.-Iran peace talks, as traders recalibrated expectations for future inflation and interest-rate direction.
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