Iran-US peace talks collapse, markets react sharply. Negotiations between the United States and Iran hit a stalemate over nuclear facilities and uranium stockpiles, with Trump rejecting Tehran's latest proposal as "totally unacceptable." The geopolitical tension immediately rippled through global markets. India's stock market declined nearly 1,200 points on Monday as investors fled to safety. Oil prices surged significantly in response to escalating tensions. Brent crude futures jumped 4.5 percent to $105.80 per barrel, while West Texas Intermediate crude traded near $100. The breakdown in diplomatic efforts signals continued uncertainty in the Middle East, with both sides struggling to maintain a fragile ceasefire. Energy markets remain volatile as traders price in supply risks from potential regional conflict escalation.
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