Crude oil futures jumped more than 4 per cent after US President Donald Trump rejected Iran’s response to his proposal to end the war in West Asia. At 9.20 am on Monday, July Brent oil futures were at $105.44, up by 4.10 per cent, and June crude oil futures on WTI (West Texas Intermediate) were at $99.73, up by 4.52 per cent. May crude oil futures were trading at ?9,473 on the Multi Commodity Exchange (MCX) during the initial hour of trading on Monday, against the previous close of ?9,024, up by 4.98 per cent, and June futures were trading…
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