Markets stabilise as investors fear ‘adverse shock’ from higher oil prices – business live

<p>Rolling coverage of the latest economic and financial news</p><p><strong>Over at the Paris Air Show, a row has broken out after four Israeli company stands at the trade fair were shut down.</strong></p><p>According to Reuters, French authorities ordered that the four stands should be closed for “displaying offensive weapons”, after not complying with an order from a French security agency to remove offensive or kinetic weapons from the stands.</p><p>“This outrageous and unprecedented decision reeks of policy-driven and commercial considerations.</p><p>“The French are hiding behind supposedly political considerations to exclude Israeli offensive weapons from an international exhibition - weapons that compete with French industries.”</p> <a href="https://www.theguardian.com/business/live/2025/jun/16/oil-price-rise-adverse-shock-global-economy-israel-iran-inflation-petrol-business-live-news-updates">Continue reading...</a>