LyrArc Article Gist
Oil price drops by $5 in one day to $65 a barrel as Iran US/Israel ceasefire June 23, 2025 following the carefully measured Iran missile strike (14 missiles) strike on Qatar airbase with early warning to the US. The move was seen as a moderation shown by Iran, and DJT pursued the option of ceasefire with Qatar's mediation. An Israel Iran ceasefire is expected in the next 12 hours.
This closes a chapter of the nuclear weapons development proliferation pursued by Iran and blocked by Israel and the US. It started with Israel's strikes on Iran nuclear sites.
This puts the attention back to the economy and completing the trade agreements under the Trump administration's tariffs and efforts to level playing field in world trade.
Oil price drops by $5 in one day to $65 a barrel as Iran US/Israel ceasefire June 23, 2025 following the carefully measured Iran missile strike (14 missiles) strike on Qatar airbase with early warning to the US. The move was seen as a moderation shown by Iran, and DJT pursued the option of ceasefire with Qatar's mediation. An Israel Iran ceasefire is expected in the next 12 hours.
This closes a chapter of the nuclear weapons development proliferation pursued by Iran and blocked by Israel and the US. It started with Israel's strikes on Iran nuclear sites.
This puts the attention back to the economy and completing the trade agreements under the Trump administration's tariffs and efforts to level playing field in world trade.
