US President Donald Trump agreed an interim peace deal with Iran, shifting attention to the planned reopening of the Strait of Hormuz and a 60-day negotiation window over Tehran’s nuclear program. The development reduces immediate geopolitical risk, but the Strait’s reopening and the durability of the deal remain key variables for oil flows and broader energy markets.
US President Donald Trump agreed an interim peace deal with Iran, shifting attention to the planned reopening of the Strait of Hormuz and a 60-day negotiation window over Tehran’s nuclear program. The development reduces immediate geopolitical risk, but the Strait’s reopening and the durability of the deal remain key variables for oil flows and broader energy markets.
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