Oil slumps and markets rally as Trump announces Iran-Israel ceasefire – business live

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Jun 24, 2025 - 08:00
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Oil slumps and markets rally as Trump announces Iran-Israel ceasefire – business live

Oil has fallen to its lowest level since June’s conflict began, while stock markets have jumped across Asia and Europe

Travel and leisure stocks across Europe are rallying too.

This has pushed up the STOXX Europe travel and leisure index by 4.1% in early trading, which Reuters reports it the biggest one-day jump since 10 April. Continue reading...

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