London, June 25, 2025 (AFP) - Oil rebounds as markets track Iran-Israel ceasefire

NAMPA / AFP

2025-06-25

Oil prices recovered slightly and European stock markets fell Wednesday as traders assessed whether the Israel-Iran ceasefire would endure. Focus was also on a NATO summit that is expected to sign off a sharp increase to military spending by the United States and its allies. The dollar recovered mildly, having slumped Tuesday after Federal Reserve boss Jerome Powell did not rule out the prospect of cut to US interest rates, as President Donald T......

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