The Daily Aus Headlines: Israel and Iran agree to ceasefire
Jun 24, 2025
Israel and Iran have reached a significant ceasefire agreement, alleviating tensions in the region. This breakthrough has caused international airlines to reassess their routes over the Middle East. On a brighter note, Virgin Australia has made a triumphant return to the stock market, surging over 9%. Meanwhile, a cutting-edge facility in Chile is capturing stunning images of space, offering astronomers unprecedented clarity in their observations.
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Israel-Iran Ceasefire Insight
- Israel and Iran agreed to a ceasefire deal announced by U.S. President Donald Trump after days of strikes and heightened tensions.
- Both sides launched airstrikes until the ceasefire took effect within the six-hour window Trump set.
Airlines Respond to Middle East Tensions
- Heightened Middle East tensions caused major airlines to cancel or reroute flights over the region.
- Airports in Dubai and Qatar briefly halted flights but have since resumed operations amid ongoing monitoring.
Virgin Australia Market Return
- Virgin Australia's share price jumped over 9% on its first day of trading after relisting on the ASX following a COVID-forced delisting.
- Qatar Airways acquired a 25% stake, boosting confidence alongside recent record profits and passenger growth.