Global oil prices plummeted for the second consecutive day amidst a surge in stock markets, as a fragile ceasefire between Israel and Iran continues to hold despite earlier breaches. The German government has approved a draft budget that significantly increases defence spending, ahead of a key NATO summit.
Source: https://www.france24.com/en/tv-shows/business/20250624-oil-tumbles-stocks-rise-as-fragile-israel-iran-ceasefire-holds