Stock futures are falling while oil prices exhibit volatility, responding to geopolitical tensions after Iran closed the Strait of Hormuz. Recent threats from former President Trump regarding potential strikes on Iran have overshadowed ongoing peace talks, causing oil prices to rise amid uncertainty about the U.S.-Iran peace deal. Analysts predict that oil prices will remain volatile, with many speculating that even with an agreement, recovery in oil markets will be sluggish and inflationary pressures may continue to affect household costs. Despite the lift in optimism from the U.S.-Iran framework pact, experts warn that the impact on global energy prices will take time to stabilize, while rising costs for gas and groceries are projected to last well into the future.