Oil price plunge on US-Iran peace hopes to give rupee, bonds some breather

By Dharamraj Dhutia and Jaspreet Kalra
MUMBAI, April 20 (Reuters) - The Indian rupee and government bonds this week will be comforted by a drop in oil prices even as shipping through the Strait of Hormuz remains at a standstill, days before a ‌ceasefire between the United States and Iran is set to expire.
Brent crude oil prices fell sharply on Friday and could experience ‌fresh volatility this week after U.S. President Donald Trump said his envoys would return to Pakistan for fresh talks with Iran, while threatenin