मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
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Oil prices fall on ceasefire news following roller-coaster session
The Straits Times
|June 25, 2025
Oil prices fell sharply on June 24 as US President Donald Trump said a ceasefire had been agreed on between Iran and Israel, alleviating worries of supply disruptions in the Middle East – a major oil-producing region.
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Brent crude futures were down 3.6 per cent at US$67.97 at 5.03pm Singapore time, after earlier tumbling as much as 5.6 per cent to below its close on June 12 before Israel's first strike on Iran. US West Texas Intermediate crude was down 3.7 per cent at US$65.98.
The plunge followed a roller-coaster session for oil on June 23 that ended in steep 7 per cent losses for both contracts as Israel, Iran and the US all avoided striking oil-related infrastructure, with Tehran also opting not to try blocking the Strait of Hormuz.
Mr Trump announced on June 23 that Israel and Iran fully agreed to a ceasefire, adding that Iran would begin the ceasefire immediately, followed by Israel after 12 hours.
यह कहानी The Straits Times के June 25, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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