The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Oil prices dropped by over 1% following reports of a surprise ceasefire agreement between Israel and Hezbollah. The decline began on June 19 as geopolitical risks eased, despite ongoing tensions on the ground. The potential agreement faced an early test on June 23 after Israeli fire killed two people in Lebanon.