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Global Markets Rally on Truce

Global Markets Rally on Truce

The Dow Jones Industrial Average jumped over 1,300 points as traders moved away from safe-haven assets in favor of riskier tech and industrial stocks.

Crude oil futures plummeted below $95 per barrel, though analysts warn that retail gas prices may take weeks or months to reflect this decrease.

Despite the relief rally, economists caution that the structural damage to regional energy infrastructure remains a long-term inflationary threat.

The sustainability of these gains is closely tied to the success of upcoming diplomatic negotiations in Pakistan.