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Oil Slumps on Israel-Iran Ceasefire; Trump Warns Against Violation | Daybreak Europe 06/24/2025

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June 24, 2025

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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins.

The US President announced a ceasefire between Israel and Iran, hours after Tehran launched a choreographed barrage of missiles towards a US airbase in Qatar. Oil extended losses, on hopes of a permanent end to the 12-day war. But there were reports of continued attacks on both sides after the truce came into effect.

Donald Trump now heads to the NATO Summit in The Hague - the UK looks set to commit to spending 5% of GDP on defense, while Spain pushes back.

Today's guests: Sahar Razavi, California State University, Sacramento, Iranian and Middle Eastern Studies Center Director; Franz Faerber, Everest Systems, Co-Founder & CEO

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