Brent Drops Below $70 as Israel-Iran Ceasefire Holds
OilPrice
JUNE 24, 2025
Oil prices dropped dramatically after a surprisingly speedy ceasefire was agreed between Israel and Iran, although the peace remains fragile.- US electricity demand is expected to soar to levels not seen since the summer of 2013 as regional operator PJM warned of consumption potentially reaching 158 GW, with temperatures nearing 100°F.-
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