Oil Prices Drop and Stocks Rise Following US-Iran-Israel Ceasefire Announcement
Oil prices tumbled while global stock markets gained after US President Donald Trump announced a ceasefire between Israel and Iran, sparking cautious optimism for a peaceful resolution to the ongoing conflict. Brent crude oil fell sharply, dropping as much as 5.6% to below pre-conflict levels seen on June 12, before paring some losses to trade…
