World leaders welcome U.S.-Iran deal as Europe signals sanctions relief, urges Hormuz reopening

An agreement was reached after more than three months of stop-start negotiations and bouts of fighting since late February. The conflict had been roiling global energy and commodities markets, so any de-escalation could ease price pressure and supply disruptions. The article provides no specific terms, so the immediate market direction remains uncertain.

Analysis

An agreement was reached after more than three months of stop-start negotiations and bouts of fighting since late February. The conflict had been roiling global energy and commodities markets, so any de-escalation could ease price pressure and supply disruptions. The article provides no specific terms, so the immediate market direction remains uncertain.