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Only one moth after giving birth to her son, Penelope Cruz looked absolutely gorgeous on the red carpet at Sunday's Academy Awards.
The new mom wore a curve-hugging red L'Wren Scott design and accessorized with yellow oval and pear shaped chandelier earrings and a pink sapphire ring, both by Chopard.
Cruz husband, Javier Bardem was up for Best Actor for his work in Biutiful.