Stocks in US see unusual movements | Middle East conflict easing leads to big drop in energy stocks

According to the Wise Finance APP, on Tuesday, US energy stocks plunged, with Houston Energy (HUSA.US) falling 32%, Indonesia Energy (INDO.US) falling over 26%, and US Energy (USEG.US) falling over 21%. In terms of news, the Iranian Supreme National Security Council issued a statement on June 24 announcing a ceasefire with "Israel and its supporters". Israeli Prime Minister Netanyahu issued a statement on the same day accepting the ceasefire agreement proposed by US President Trump. On Monday, international crude oil futures settlement prices fell significantly, with WTI crude oil futures August contract dropping by 7.22% and Brent crude oil futures August contract falling by 7.18%.