Crude oil prices drop 2% in futures trade, influenced by weak global cues and a conditional ceasefire between Israel and Lebanon.

June crude oil futures were trading at ₹9055 on Multi Commodity Exchange (MCX) during the initial hour of trading on Wednesday against the previous close of ₹8950, up by 1.17%

Gold futures fall to ₹1.58 lakh/10 grams amid U.S.-Iran tensions and rising crude oil prices impacting investor sentiment.