Business Bible News Market Minute: June 25 @ 9:30AM ET

This is a Business Bible News Market Minute for Thursday June 25 at 9:30 AM Eastern Time. According to Bloomberg, Brent oil has erased its wartime gains as supply through the Strait of Hormuz increases, following progress on a US-Iran peace deal. Global markets are mixed today. In overseas trading, the Nikkei is up 3,352 points. The Dow is up 289 points to 52,138. Oil is trading at $70 per barrel while gold is at $4,039 per ounce. Today's Daily Principle is Economics, specifically dealing with Recession. This principle is found in Genesis 41–30. The verse reads: "After that, there will be seven years of famine, and all the good years will be forgotten, because the famine will ruin the country." Learn more at businessbible.com where Daily News meets Daily Principle.